Mashpee Man Faces 20 Years In Securities Case

A 60-year-old Mashpee man faces up to 20 years behind bars after pleading guilty Friday in a securities fraud case.

Prosecutors say Robert Murray was an investor who artificially inflated the stock price of photo company Getty Images by announcing that he intended to buy it.

However, once other investors got the news, the value soared, but Murray then sold all the shares he owned and instructed a friend to do the same for a two-million-dollar profit.

A sentencing date has yet to be set.


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