Anonymous ID: b6e6e7 Sept. 3, 2020, 11:33 a.m. No.10516662   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>6752 >>6798 >>6895 >>7025 >>7118

NY hedge fund founder charged with fraud, extortion tied to Neiman Marcus bankruptcy

 

The founder of a New York hedge fund was criminally charged on Thursday over an alleged scheme to pressure a rival not to bid for assets related to Neiman Marcusโ€™ bankruptcy so he could buy them at a lower price, the U.S. Department of Justice said on Thursday.

 

Daniel Kamensky, the principal of Marble Ridge Capital, which has more than $1 billion of assets, was charged with securities fraud, wire fraud, extortion and obstruction of justice, the Justice Department said.

https://www.reuters.com/article/usa-crime-kamensky/ny-hedge-fund-founder-charged-with-fraud-extortion-tied-to-neiman-marcus-bankruptcy-idUSL1N2G01DK