Jona Rechnitz To Take Stand Against Norman Seabrook
A big-time donor to Mayor de Blasio, expected to testify in an upcoming public corruption trial, is more deeply involved in criminal activity than the government lets on, new court papers claim.
Ex-Platinum Executive, NYC Union Chief Must Face Fraud Charges
A federal judge in Manhattan on Monday refused to dismiss fraud charges against a former Platinum Partners hedge fund executive and a former union leader for New York City prison guards, who claimed their indictment was based on illegal wiretaps.
Jona Rechnitz Ties To Accused Schemer Complicates Feds’ Case
Bill de Blasio donor Jona Rechnitz’s ties to accused Ponzi schemer Jason Nissen is starting to cause problems for Manhattan federal prosecutors seeking to use Rechnitz as its key witness in an upcoming bribery trial.
Norman Seabrook Showered Execs With ‘Luxury Gifts,’ Suit Says
Correction union execs weren’t keeping an eye on now-indicted ex-president Norman Seabrook when he invested pension money in a “Ponzi scheme” because he had long showered them with gifts such as cars, a new lawsuit alleges.
Platinum Partners Assets Frozen on Allegations of ‘Plundering’ Over $200M
Troubled hedge fund manager Platinum Partners was ordered by a U.S. bankruptcy judge to temporarily freeze approximately $118 million after a lawsuit Wednesday accused it of illegally stripping key assets from a now-collapsed energy company.
Platinum Partners and The People Involved
If we were the Federal Authorities, we would be focusing on preventing a mass exodus of Platinum Partners’ Principles to Israel.
Platinum Partners Just Filed For Bankruptcy
Two Platinum Partners hedge funds have sought U.S. Chapter 15 bankruptcy protection as part of an ongoing liquidation effort, according to court documents filed in New York federal court Tuesday.
Platinum Partners California Oil Fields Said To Be Subject of Probe
Before federal agents raided the offices of Platinum Partners in June, the $1.2 billion hedge fund had been reporting robust returns, thanks partly to oil fields it owns in California.
Fraud Probe Ricochets Through Platinum Partners, A Hedge Fund With Ties To Jewish Community
For his son’s bar mitzvah in 2008, hedge-fund manager Murray Huberfeld chartered a JetBlue plane and invited hundreds to an oceanfront party in Palm Beach, Fla. An Orthodox pop star known as the “Jewish Elvis” entertained the guests, who Mr. Huberfeld says included investors in his fund.
Ex-New York City Jail Guard Union Boss Pleads Not Guilty To Bribery
New York – The former union leader for New York City’s prison guards and a hedge fund financier pleaded not guilty on Friday to engaging in a bribery scheme in a case linked to a widening federal municipal-corruption investigation.