The indictment of former Bank of America broker Theodore C. Sihpol, III last week should sound the alarm for fund executives that those criminally charged in the scandal could spend years locked up with murderers and rapists.

Sihpol was indicted in New York State Supreme Court and is facing 40 counts of fraud, grand larceny, violation of general business and falsifying business records. He is staring down 25 years behind bars in the New York State prison system.

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