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New York-based financial advisor charged with stealing $20 million from clients

( April 16, 2015, 21:35 GMT | Official Statement) -- MLex Summary: The US Securities and Exchange Commission charged Michael Oppenheim, a New York-based financial advisor, with stealing $20 million from customers to fund his own brokerage accounts and then losing the bulk of the money in unprofitable options trading. Oppenheim, who worked for a major global bank that wasn’t named, also faces criminal charges. His wife, Alexandra Oppenheim, was named as a relief defendant.Statement follows in full. Also see document below....

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