(New York Post) The hedge fund at the center of a scandal involving corruption charges against former Correction Officers Benevolent Association president Norman Seabrook was able to convince a Manhattan judge Monday that it has the cash to repay a $30 million loan.
Platinum Partners’ lawyer David Eiseman told state Justice Saliann Scarpulla in a conference call that the hedge fund — which holds $20 million of investments from the correction officers’ union — has the cash. But he stopped short of providing any supporting documents or financial statements to back his claim, sources told The Post.
