Search results
Jun 21, 2024 · James Arthur McDonald Jr., a former investment company CEO and financial analyst guest on CNBC, faces a federal indictment in Los Angeles after his arrest last weekend in Washington state.
- Caroline.Petrow-Cohen@latimes.com
- Staff Writer
Jun 18, 2024 · James Arthur McDonald, 52, of California, was a frequent guest on CNBC and the CEO and chief investment officer of the companies Hercules Investments LLC and Index Strategy Advisors Inc.
- kerry.breen@paramount.com
- 20 min
- News Editor
Jun 17, 2024 · LOS ANGELES – A former San Gabriel Valley resident who was a frequent guest on financial television news programs then became a fugitive from justice after being accused of defrauding investors is expected to appear today in federal court after being arrested over the weekend. James Arthur McDonald Jr., 52, formerly of Arcadia, was arrested ...
Jun 17, 2024 · According to the indictment, McDonald was the CEO and chief investment officer of two companies: Hercules Investments LLC, based in downtown Los Angeles, and Index Strategy Advisors Inc. (ISA), based in Redondo Beach.
Jun 18, 2024 · James McDonald was taken into custody in Port Orchard, Wash. and will face federal charges in Los Angeles. He is accused of losing millions in client funds and fled an SEC subpoena in 2021.
- Patrick Donachie
Jun 18, 2024 · James Arthur McDonald Jr., 52, was arrested by the FBI in Port Orchard, Wash., on Saturday after being on the run for nearly three years. CNBC. He was the former CEO and chief investment...
People also ask
What happened to McDonald & Hercules investments?
Who is James Arthur McDonald?
How much money did Hercules lose?
Did McDonald & Hercules violate federal securities law?
Jun 18, 2024 · In January 2023, a federal grand jury indicted McDonald on one count of securities fraud, one count of wire fraud, three counts of investment adviser fraud, and two counts of engaging in...
