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Bloomberg has a story about the sheer chutzpah that disgraced lawyer Marc Dreier used to scam investors and charities out of $380 million.
My favorite part describes how Dreier convinced officials that other firms backed his scam deals:
As the U.S. Attorneys Office in Manhattan tells it, [Dreier] would lie his way into an accounting firm’s or real estate developer’s offices as if he had business there.
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.
Now that takes some brass ones.
Read the story.
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