{"id":9492,"date":"2008-12-26T00:00:00","date_gmt":"2008-12-26T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"chutzpah-spree-by-accused-lawyer-nets-380-million","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2008\/chutzpah-spree-by-accused-lawyer-nets-380-million.html","title":{"rendered":"Chutzpah Spree by Accused Lawyer Nets $380 Million"},"content":{"rendered":"<p>Bloomberg &#8211; When Manhattan lawyer Marc Dreier needed to apply a patina of reality to allegedly bogus promissory notes he was pitching to hedge funds, he used Mission Impossible- type tricks.             <\/p>\n<p>As the U.S. Attorneys Office in Manhattan tells it, he would lie his way into an accounting firm&rsquo;s or real estate developer&rsquo;s offices as if he had business there.     <\/p>\n<p>He then would use their conference rooms for meetings with hedge-fund officials to make it seem the accountants or developers were in on the deal, according to the feds.     <\/p>\n<p>Appropriating the accounting firm&rsquo;s letterhead, he fabricated financial statements and forged audit letters, prosecutors and the Securities and Exchange Commission allege. He would arrange conference calls between hedge-fund representatives and someone pretending to be the chief executive of Solow Realty, the developer and former Dreier client whose fake notes the feds say Dreier was trying to sell.     <\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.bloomberg.com\/apps\/news?pid=20601110&#038;sid=aU2wrsZKcjOA\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; When Manhattan lawyer Marc Dreier needed to apply a patina of reality to allegedly bogus promissory notes he was pitching to hedge funds, he used Mission Impossible- type tricks. As the U.S. Attorneys Office in Manhattan tells it, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[4580,300,4575,64,67,1950,4578,2540,3084,3608,4573,4579,4577,4576,539,4548,35,21,4574],"class_list":["post-9492","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-accountants","tag-accounting-firm","tag-attorneys-office","tag-bloomberg","tag-chief-executive","tag-developers","tag-feds","tag-financial-statements","tag-fund-officials","tag-letterhead","tag-manhattan-lawyer","tag-mission-impossible","tag-patina","tag-promissory-notes","tag-prosecutors","tag-real-estate-developer","tag-securities-and-exchange","tag-securities-and-exchange-commission","tag-solow-realty"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9492"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9492\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}