Apr 28 2009 | 2:10am ET
When prominent New York lawyer Marc Dreier was arrested in Toronto in December, his lawyer dismissed the charges as “relatively minor” and said his client would plead not guilty. But now, facing much more serious charges of ripping investors off to the tune of $700 million, another Dreier does not plan to put up a fight.
His lawyer, Gerald Shargel, told a federal judge yesterday that his client will plead guilty to all eight counts against him. Dreier has been charged with conspiracy, money laundering and securities and wire fraud in connection with his alleged scam, and faces as much as 145 years in prison.
Mar 10 2014 | 11:33am ET