KCC: Aequitas Capital No. 2 Brian Oliver pleads guilty to criminal charges

Brian Oliver, Aequitas Capital's longtime No. 2 executive, on Friday pleaded guilty to conspiracy to commit mail and wire fraud and conspiracy to commit money laundering. He is scheduled to be sentenced on Aug. 5. Oliver is the first former Aequitas Capital executive to be criminally charged. The Oregonian first reported the criminal charges and guilty plea. Once a high-flying Lake Oswego investment firm, Aequitas collapsed in February 2016. At one point it claimed to manage $1.7 billion in...