$43 Million

The SEC claims in a federal complaint that Jason Sugarman, 47, of Los Angeles, “stole $43 million from unwitting pension funds to finance the acquisition of a global financial conglomerate of European and Bermuda insurers, and investment advisers based in Virginia and Connecticut.”

MANHATTAN — The SEC claims in a federal complaint that Jason Sugarman, 47, of Los Angeles, “stole $43 million from unwitting pension funds to finance the acquisition of a global financial conglomerate of European and Bermuda insurers, and investment advisers based in Virginia and Connecticut.”

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$43 Million

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