Newport News – The former head of a Newport News financial brokerage that closed amid a fraud probe two years ago won’t have to pay back millions of dollars that he owed to scores of creditors.
Jeffrey A. Martinovich, 46, the onetime chairman and chief executive officer of MICG Investment Management LLC, has been granted a discharge in a Chapter 7 bankruptcy case that he filed in U.S. Bankruptcy Court in Norfolk in early 2011.
