Ex-Apollo Global Exec Charged With Defrauding Investors Out Of $290k

(New York Post) Federal regulators on Wednesday charged a former senior partner at Leon Black’s Apollo Global Management with defrauding investors out of $290,000. For 3 ¹/? years ended in June 2013, Ali Rashid charged more than 1,000 personal items and services to the private equity funds he advised, whose investors included the New York state pension, according to the Securities and Exchange Commission.

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