Former CNBC financial pundit James Arthur McDonald Jr., 52, became a fugitive after being accused of defrauding investors. McDonald Jr. had been considered a fugitive since November 2021 after he ...

A former CNBC financial pundit and CEO-turned-fugitive accused of defrauding millions from his investors following a failed “bet against” the US economy in 2020 has been nabbed after being on the run ...

A judge ruled McDonald liable for over $3 million and the DOJ says he could face up to 20 years in federal prison for each fraud count. Once a familiar face on CNBC as a financial analyst, James ...

A former television financial analyst accused of defrauding investors out of millions of dollars and spending years on the run was sentenced to five years in prison, the Justice Department said Monday ...

Nearly three years since James Arthur McDonald Jr. bailed on a meeting with SEC over allegations of defrauding investors for millions, the FBI picked up the former CNBC pundit in Washington state this ...