Posts

Many Enemies and Problems of Dan Gertler

Dan Gertler has many enemies and many problems. But being his friend is no better. In 2002 David Rafaelov was convicted of smuggling huge amounts of uncut diamonds from Russia to Israel. Read more

With FCPA Probe Behind It, Och-Ziff Hires New Chief Legal office

After a shaky year for its legal department, Och-Ziff Capital Management Group has named David Levine its new chief legal officer, effective Jan. 23. The company, one of the world’s largest hedge funds, also named a new chief financial officer, effective immediately. Read more

Och-Ziff Capital Management Group, Paid $412M To Settle Criminal, Civil Bribery Charges

Och-Ziff Capital Management Group, the New York-based hedge fund that is buying 14 ski resort properties across the country, including Loon Mountain and Mt. Sunapee, earlier this year agreed to pay $412 million in criminal and civil penalties to settle charges related to offering bribes in several African nations, with some money allegedly going to the son of Col. Muammar el-Qaddafi, the late Libyan dictator. Read more

Congo Backs Billionaire Dan Gertler After Och-Ziff Allegations

KINSHASA – The Democratic Republic of Congo (DRC) defended Israeli-billionaire Dan Gertler’s business dealings in the mineral-rich country, five days after he was linked to a bribery investigation by US authorities. Read more

The “Blood Diamond” Magnate Who Is At The center of Och-Ziff’s Bribery Scandal In Africa

Och-Ziff Capital Management Group LLC will pay $412 million and CEO Daniel Och will pay $2.17 million to resolve U.S. probes into the hedge fund’s role in bribing officials in several African countries, U.S. authorities said on Thursday. Read more