With DOJ charges, disgraced Mike Rothenberg could now be facing serious jail time

While many in Silicon Valley might prefer to forget investor Mike Rothenberg roughly four years after his young venture firm began to implode, his story is still being written, and the latest chapter doesn't bode well for the 36-year-old. While Rothenberg earlier tangled with the Securities & Exchange Commission and lost, it was a civil matter, if one that could haunt him for the rest of his life. Now, the U.S. Department of Justice has brought two criminal wire fraud charges against him, along with charges that he made two false statements to a bank and money laundering charges that, depending on how things play out, could result in a very long time in prison.

from Yahoo Tech https://ift.tt/2NJsVaJ