Marc Dreier’s fraud victims include Elliot Associates, Fortress Investments, Eton Park Asset Management and Concordia Advisors
| August 27th, 2009 | ||
| Last week, a U.S. District Court released the names of the entities that had invested in Marc Dreier’s fraudulent securities. According to an article from Crain’s New York, the victim list includes several renowned hedge fund managers: -Paul Singer’s Elliot Associates ($100 million) -Publically-listed manager Fortress Investment Group ($85 million) -Eric Mindich’s Eton Park Capital Management ($71 million) -Manhattan-based Concordia Advisors ($22 million) | ||
See Source | ||
For Detailed Investor Profiles on these Investors, click below: |
Dreier LLP |
Elliott Management Corporation |
Eton Park Capital Management |
Fortress Investment Group |
Related People: Alain Demarolle ;
Related Entities: Drawbridge Global Macro Funds;
Related Article Tags: Hedge Fund Fraud and Ponzi Scheme News
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Hall of Fraud Top 10
Firm | Assets* |
Madoff Investments LLC | 64,800 |
Stanford Financial Group | 8,000 |
Petters Group Worldwide | 3,500 |
Frankel International & Frankel Chemical | 1,200 |
Satyam Computer Services | 1,000 |
Westgate Capital Management, LLC | 900 |
Capitol Investments USA, Inc | 900 |
Dreier LLP | 700 |
WG Trading Co | 554 |
Weavering Capital | 500 |
*Estimate of alleged Fraud/Investor Losses ($MM) | |