Aequitas trial recap: Testimony against Jesenik, Rice, MacRitchie


The criminal trial of three former Aequitas Capital Management executives involved in one of Oregon’s biggest financial scandals continues in Portland. On trial are Robert Jesenik, the co-founder and former CEO of Aequitas; Brian Rice, executive vice president of wealth management; and Andrew MacRitchie, chief compliance officer.

The Lake Oswego-based investment firm collapsed in 2016, about a year after the Securities and Exchange Commission charged Aequitas of operating in a "Ponzi-like fashion."…

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