Owner of Investment Firm that Managed Over $1 Billion in Assets Arrested in Federal Case Alleging He Defrauded Investors
August 12, 2020
LOS ANGELES – The founder and former CEO of an investment firm that specializes in debt instruments was arrested this morning on federal charges alleging he falsified financial records to fraudulently inflate the value of the funds he managed, allowing him to charge investors millions of dollars in unauthorized fees.