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Ex-Merrill Employee Who Stole $780,000 From Firm, Bought Ferrari Most Likely Going To Jail For At Least Three Years

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It turns out that not only is that "not cool" with most investment banks but judges don't like it either. To add insult to injury, the one deciding this case did not see eye to eye with Steven Mandala and his lawyer's argument that, in exchange for returning the money, he should get 1 to zero years downtown. Some people. Honestly.

Earlier: Ex-Merrill Employee Who Stole Money From The Bank, Bought Ferrari Had Good Reason To Do So