Friday, 6 March 2015
Last updated 2 hours ago
Jan 15 2013 | 10:26am ET
The former assistant to hedge fund manager Todd Meister will go on trial next month for allegedly stealing almost $1 million from him.
A Manhattan judge set Feb. 14 for the start of Renata Shamrakova’s trial. The Ukrainian allegedly ran up $900,000 in unauthorized charges on two American Express cards she and her boyfriend opened in Meister’s name. The date is, in its own way, an appropriate one: Shamrakova has alleged that she and Meister were lovers.
Shamrakova’s lawyer indicated that she might want to break that date: He told the judge that they won’t be ready. Joshua Kirshner said he was “sifting through” some “1.75 terabytes of discovery as of a month ago.”
Meister, the co-founder of Pride Rock Management, is better known as the son of Aon Group executive Robert Meister and the ex-husband of socialite Nicky Hilton.
Shamrakova, who remains free on $300,000 bond, faces up to seven years in prison if convicted of embezzlement.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…