Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Friday, May 17, 2024 | Back issues
Courthouse News Service Courthouse News Service

Former SEC Attorney Conspired With Dreier

MANHATTAN (CN) - A former SEC enforcement lawyer pleaded guilty to helping attorney Marc Dreier sell $45 million in bogus promissory notes to two hedge funds. Robert Miller impersonated a Canadian pension plan executive in phone calls to two hedge funds, for which Dreier paid him $100,000.

Miller, 52, of Englewood, N.J., pleaded guilty to conspiracy and wire fraud. He faces up to 25 years in prison and stiff fines, and also must cough up the $100,000.

Miller's charade came just before Dreier was arrested in Canada. Dreier is serving a 20-year sentence and has forfeited $746 million and must pay $389 million restitution.

Categories / Uncategorized

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.

Loading...