Guy de chimay biography
Guy de chimay biography
Guy de chimay biography summary.
Fallen 'Wall Street Warrior' Gets Prison for Ponzi Scheme
DNAinfo/Josh Williams
By Shayna Jacobs
DNAinfo Reporter/Producer
MANHATTAN SUPREME COURT — A former Wall Street broker was sentenced to three to nine years in prison for swindling investors who believed he was earning money for the Belgian royal family that shares his last name.
Guy De Chimay, 47, once highlighted on reality TV show "Wall Street Warriors," went from successful money-maker to admitted criminal when he pleaded guilty to grand larceny, securities fraud and other charges on Feb.
2.
According to prosecutors, De Chimay stole more than $7 million from investors and spent the dough on a Hamptons rental home, cars, his mortgage and other personal expenses.
De Chimayconfessed he fraudulently told his investors he was Belgian royalty and said he was helping the family profit through investments.
He would then tell potential "clients" that he could help them make money on those same invest