SEC prevails over absent Wells broker on Burger King trades
date:Jan 15, 2014
him.

While the SEC in September 2012 won a court order freezing Prado's assets, including a condominium unit in Miami Beach, Florida, the assets amount to only about one-fifth of the judgment. Prado had put the home up for sale and began moving his assets out of the country shortly before the freeze.

Prado, a Brazilian who had worked for Wells Fargo Advisors, was accused of trading in Burger King stock and options after learning from a long-time client that private equity firm 3G Capital Partn
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