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The Gary Frank saga hits a new phase. His firm is sold for a pittance as he faces loan fraud charges

Frank claimed to have more than half a billion in revenues to get a $40 million loan from Prudential but had only a small fraction of that, records show. Now his firm is sold in bankruptcy court.

Allison Vulgamore (left), orchestra president and CEO, with co-chairs Gary Frank and Dianne Rotwitt, in happier times.
Allison Vulgamore (left), orchestra president and CEO, with co-chairs Gary Frank and Dianne Rotwitt, in happier times.Read more