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Dreier Assets Secured.

Authors :
Bray, Chad
Source :
Wall Street Journal - Eastern Edition. 3/26/2009, Vol. 253 Issue 70, pA5. 0p.
Publication Year :
2009

Abstract

The article focuses on a report made public on March 25, 2009 disclosing that Mark F. Pomerantz, the court-appointed receiver for the assets of fraud-accused lawyer Marc Dreier, has secured more than $100 million in assets, including artwork valued at almost $39 million. Pomerantz confirmed that he had secured assets that also included properties in Manhattan and the Hamptons, New York as well as an $18.5 million yacht. According to Pomerantz, Dreier had burned through the bulk of $670 million he took in with the alleged sale of fake promissory notes.

Details

Language :
English
ISSN :
00999660
Volume :
253
Issue :
70
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
37611815