ALBANY — After 13 years of litigation and appeals in one of the largest fraud cases ever brought againsta financial planning firm, an appellate court yesterday reinstated grandlarceny and fraud convictions of the president and two officers of theFirst Meridian Planning Corporation.
The Albany-based firm andits officials were found guilty at trial of defrauding more than 800 investorsin four states by inducing them to invest more than $64 million in overvaluedcoin portfolios, contemporary art and condominiums in Florida and Indianabefore then State Attorney General Robert Abrams shut down their operationin 1986.
