Michael Hild allegedly called his scheme to mismark bonds a ‘self-generating money machine.’
Tag: Southern District of New York
Andrew Franzone allegedly used misappropriated funds to buy an airplane hangar for his race car collection.
Zuirch-based 271-year-old private bank Rahn+Bodmer will pay $22 million to settle charges it defrauded the IRS.
Sohrab ‘Sam’ Sharma was also ordered to forfeit more than $36 million.
Former software firm founder could spend the rest of his life behind bars if convicted.
Derek Jones has been charged with wire fraud and identity theft in an allegedly multimillion dollar scam.
Stefan Qin, 24, allegedly drained the $90 million fund for ‘indulgences and speculative personal investments.’
Daniel Kamensky pressured a rival investor to drop its bid for assets he wanted on the cheap.
International Investment Group’s David Hu faces a maximum sentence of 45 years in prison.
David Wagner solicited nearly $10 million and used investor funds to buy a Porsche and pay earlier investors.
Stefan Qin allegedly lied to investors about Virgil Sigma Fund’s strategy, assets, and financial condition.
Eric Whitehead, of Grant’s Interest Rate Observer, faces 20 years in prison for using company assets to pay for personal expenses.
James Barbera allegedly told investors that his firm had a NASA-developed breathalyzer that could detect cancer and narcotics.