Ex-trader reports to minimum security jail

Prison Bars

Frank Perkins Hixon Jr. will serve his 30 month sentence in a minimum security jail.

The New York Post reports that the disgraced investment banker who traded on inside info to support a love child reported to a minimum security jail over the weekend.

Former Evercore Partners Senior Managing Director Frank Perkins Hixon Jr. will serve his 30- month sentence at the US penitentiary, Canaan, located in northeastern Pennsylvania, 20 miles east of Scranton and 134 miles north of Philadelphia.

The camp of 133 inmates is next to a high-security prison.

Hit the link below to access the complete New York Post article:

Disgraced trader Hixon off to the slammer

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