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Will security investors McGinn and Smith do time?

May 29, 2013Tess Nacelewicz

Security industry investors Timothy McGinn and David L. Smith are set to be sentenced next month and could face years in prison after being convicted of fraud earlier this year. But whether they'll be sent to prison or just get probation and how much the Albany, N.Y.-based brokers owe as a result of their fraudulent activities are questions that remain up in the air, according to a recent article from the Time Union, an Albany, N.Y.-based newspaper. The two men are seeking leniency and having friends...

David L. Smith, McGinn, Smith & Co., Timothy McGinn, William J. Dreyer