A former JPMorgan Chase investment adviser was arrested Thursday on charges he stole $20 million from customers and spent the funds on unprofitable trading and other personal expenses. Michael Oppenheim, 48, took money from at least seven bank clients in a fraud scheme he operated from March 2011 to March 2015, federal prosecutors alleged. He was arrested Thursday at his Livingston, N.J., home and brought to Manhattan federal court for an initial hearing, authorities said.
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