« Florida Broker Settles SEC Microcap Manipulation Charges | Main | AIG's Liddy Testifies on Bonuses »
March 17, 2009
Prosecutors Allege Lawyer Sold $700 Million in Phony Notes
You'll recall that New York attorney Marc Dreier was indicted in January on charges that he sold fictitious promissory notes to investors. Federal prosecutors recently amended the indictment to up the amount of the alleged fraud. They now allege that he sold $700 million in notes from 2004-08, mostly to hedge funds. WSJ, Lawyer Defrauded Investors out of $700 Million, Say Prosecutors.
March 17, 2009 in News Stories | Permalink
TrackBack
TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341bfae553ef011279730b2d28a4
Listed below are links to weblogs that reference Prosecutors Allege Lawyer Sold $700 Million in Phony Notes:
