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Archive Home > 2009 > May > 12 > Lawyer pleads guilty to huge fraud scheme

Lawyer pleads guilty to huge fraud scheme


May 12, 2009

NEW YORK — A prominent Manhattan lawyer has pleaded guilty to defrauding hedge funds of more than $400 million. Marc Dreier, 58, on Monday pleaded guilty to conspiracy to commit securities and wire fraud, securities fraud, wire fraud and money laundering. The charges carry a potential....

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