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	<title>Hedge Fund News From HedgeCo.Net &#187; gerald-shargel</title>
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		<title>Lawyer in $700M fraud to plead guilty</title>
		<link>http://www.hedgeco.net/news/04/2009/lawyer-in-700m-fraud-to-plead-guilty.html</link>
		<comments>http://www.hedgeco.net/news/04/2009/lawyer-in-700m-fraud-to-plead-guilty.html#comments</comments>
		<pubDate>Tue, 28 Apr 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[New York Daily News &#8211; Marc Dreier will plead guilty to all charges stemming from the $700 million investment fraud he is accused of carrying out, his lawyer said Monday. Defense lawyer Gerald Shargel said Dreier will enter the plea May 11 to securities fraud, wire fraud and money laundering charges. He wants to accept [...]]]></description>
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		<title>$100 million recovered in hedge-fund fraud case</title>
		<link>http://www.hedgeco.net/news/03/2009/100-million-recovered-in-hedge-fund-fraud-case.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/100-million-recovered-in-hedge-fund-fraud-case.html#comments</comments>
		<pubDate>Thu, 26 Mar 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[Seattle Times &#8211; An official appointed to recover the assets of a prominent Manhattan lawyer accused of defrauding hedge funds of at least $400 million says he has safeguarded more than $100 million in assets, including an $18.5 million yacht. The court-appointed receiver, Mark Pomerantz, outlined his findings about lawyer Marc Dreier and his 150-lawyer [...]]]></description>
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		<title>Dreier Gets $20 Million Bond, Claims He Can’t Pay</title>
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		<pubDate>Fri, 23 Jan 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[Bloomberg&#160;-&#160;Marc Dreier, the New York lawyer jailed since his arrest for allegedly cheating hedge funds, won&#8217;t be able to post the $20 million bond that would free him, his lawyer told a federal judge. U.S. Magistrate Judge Douglas Eaton in New York today modified an earlier ruling that ordered Dreier held without bail until trial. [...]]]></description>
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		<title>Dreier Jailed Without Bail for Alleged Fraud Targeting Hedge Funds</title>
		<link>http://www.hedgeco.net/news/12/2008/dreier-jailed-without-bail-for-alleged-fraud-targeting-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/dreier-jailed-without-bail-for-alleged-fraud-targeting-hedge-funds.html#comments</comments>
		<pubDate>Fri, 12 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Marc Dreier was denied bail on Thursday after prosecutors estimated the New York attorney swindled more than $380 million out of investors in his elaborate scheme that targeted hedge funds.&#160; &#160; Alleging that Dreier fooled &#8220;the most sophisticated investors in the world,&#8221; prosecutor Jonathan Streeter convinced Judge Douglas Eaton that he [...]]]></description>
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