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Dreier Assets Secured.
- 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.
- Subjects :
- *RECEIVERS (Commercial law)
*FRAUD
*COLLATERAL security
*REAL property
*YACHTS
Subjects
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