Celebrity News

Dreier Indicted in Federal Court (UPDATE)
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Marc DreierFederal prosecutors have charged Marc Dreier, founder of Manhattan’s Dreier LLP, with theft in connection with his alleged attempt to secure a loan by impersonating another lawyer in Toronto.

Dreier has retained celebrity lawyer Gerald Shargel, and is scheduled to appear at US District Court for the Southern District of New York today.

Dreier allegedly impersonated a lawyer for the Ontario Teachers Pension Fund during a meeting with an executive for Fortress Investment Group, using the other lawyer’s business card, which Dreier had received from the lawyer earlier that day.

  
What
Where


Dreier was allegedly seeking money for a sham transaction.

He spent three nights in an Ontario jail before making bond and flying back to New York with Shargel. Federal authorities were waiting at the airport and arrested Dreier.

Shargel has represented several high-profile clients, including mob boss John Gotti, lawyers who allegedly bribed and threatened witnesses, and an elderly Texas oil man who scammed the UN’s oil-for-food program with Iraq.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




UPDATE

From WSJ LawBlog:



The Criminal Charge: … Dreier was arrested late Sunday night, presumably upon his arrival back in New York, on charges stemming from a $100 million fraud against various hedge funds.

The SEC Suit: The SEC also filed suit against Dreier on Monday, alleging that he has been marketing and selling fake promissory notes to investors.

The Wachovia Suit: Wachovia Bank sued Dreier LLP and Marc Dreier (in addition to a handful of others) today, alleging that a credit revolver and term loan extended to the firm are in default, as of November 1, upon which the bank is owed some $12.7 million.



 

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Senior Antitrust Associate Attorney

USA-CA-San Diego

San Diego office of our client seeks Senior Antitrust Associate Attorney with 7 years of experience....

Apply Now

Senior Antitrust Attorney

USA-WA-Seattle

Seattle office of a BCG Attorney Search Top Ranked Law Firm seeks Senior Antitrust Attorney with 9 y...

Apply Now

Patent Attorney

USA-DC-Washington

Washington, D.C. office of a BCG Attorney Search Top Ranked Law Firm seeks Patent Attorney with 1 ye...

Apply Now

RELEVANT JOBS

Appellate Director, Enforcement

USA-MD-Rockville

Rockville (Omega)   NYC (Brookfield Place) ...

Apply now

Litigation Director

USA-MD-Rockville

The Litigation Director manages a team of dedicated litigation attorneys and other staff, and, as ne...

Apply now

Senior Litigation Counel

USA-MD-Rockville

Job Description Essential Job Functions: Represent FINRA in a first or second chair capacit...

Apply now

Paralegal, Immigration Law (NIV)

USA-CA-Agoura Hills

Immigration Law Paralegal (NIV) (5+ years’ experience) We are looking for dedicated, detai...

Apply now

Most Popular

SEARCH IN ARCHIVE

To Top