The Nigerian businessman with claimed assets of more than $7 billion was widely reported to have been close to buying English soccer club Sheffield United.
Tag: Southern District of New York
Austin-based Fulcrum bought recovery rights from Madoff victims, then required them to conceal the proceeds to inflate the payments.
Nathaniel Chastain was arrested for what the Justice Department calls the ‘first ever digital asset insider trading scheme.’
The former UBS securities broker faces up to 20 years in prison for defrauding investors out of more than $30 million.
Eric Malley induced more than 300 people to invest in purportedly debt-free luxury properties.
Elliot Smerling could face more than 60 years in prison for wire fraud, bank fraud, and identity theft.
Michael Hild allegedly called his scheme to mismark bonds a ‘self-generating money machine.’