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A New York investment manager pleaded guilty on Wednesday to running a $21.9 million fraud in which he falsely told dozens of investors their money was being used to build an international airport.
His was a specialized skill, which he had learned as a corporate lawyer on Wall Street and then as a partner for eight years in the New York office of Coller Capital, a London-based asset-management.
NEW YORK (Reuters) – Bond vigilantes could be finding allies in the stock market. With inflation fears back in vogue and the U.S. budget deficit seen ballooning, vigilantes have stormed fixed income.
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U.S. charges New York fund manager with Belize airport scam; U.S. charges New York fund manager with Belize airport scam. Wednesday, May 16, 2018 3:54 p.m. CDT.
That should help lessen the strain from winter storms, because inclement weather at an airport will affect. of CEO Jeff Smisek while U.S. investigators probe United’s ties to the former chairman of.
· U.S. charges New York fund manager with Belize airport scam. investments related to temporary "bridge" financing for the airport in Placencia, roughly 110 miles (177 km) south of Belize.
An American fund manager from New York, Brent Borland, 48, plead guilty on Wednesday to running a US $21.9 Million fraud in which he falsely told investors their money was being used to construct.