$1 Billion Dollar Fraud Investigation Begins
An eight-count indictment was unsealed by the U.S. Attorney’s Office in federal court in Brooklyn, New York, on Monday 19 December 2016, charging seven defendants, all of whom are or were formerly affiliated with Platinum Partners L.P. (Platinum), a purportedly $1.7 billion hedge fund based in New York, New York. The indicted individuals are: Mark …