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Wall Street Scion Caspersen To Appear In NY Court In Fraud Case

by pehub.com posted 1year ago 6743 views
Prosecutors accused Caspersen of cheating a charitable foundation affiliated with hedge fund billionaire Louis Bacon‘s Moore Capital Management out of $24.6 million, and an investor at the fund out of $400,000. PJT on April 8 said Caspersen also defrauded a small number of family and friends out of another $14 million. Prosecutors said Caspersen diverted some of his victims’ money for personal options trading, resulting in a large loss, and to cover up unauthorized wire transfers. Photo: Andrew Caspersen (R) departs after a hearing at the U.S. Federal Court in New York March 28, 2016. REUTERS/Lucas Jackson Buyouts Insider/Argosy Group LLC...

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