Tag Archives: park avenue


Lawyer Marc Dreier sentenced to 20 years in prison for $700M hedge fund swindle

New York Daily News – Park Avenue lawyer Marc Dreier was sentenced to 20 years in prison Monday by a judge who scolded prosecutors for wanting to jail him for as long as Ponzi swindler Bernard Madoff. "Is the government serious […]

Madoff buddy, Ezra Merkin, sued over plunder from Ponzi scheme

New York Daily News – Ezra Merkin should have known better, a lawsuit claims. The Park Avenue hedge fund king funneled investments to Bernie Madoff and received millions in fees Merkin knew were the spoils of a massive Ponzi scheme, […]

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