Marc Stuart Dreier

Marc Stuart Dreier (born May 12, 1950), formerly an American lawyer from New York City, was sentenced to 20 years in federal prison on July 13, 2009. He is scheduled for release on October 26, 2026. He is housed at FCI Sandstone, Minnesota. He had pleaded guilty on May 11, 2009 to eight charges in the United States District Court for the Southern District of New York. The eight charges included one count of conspiracy to commit securities fraud and wire fraud, one count of money laundering, one count of securities fraud and five counts of wire fraud in a scheme to sell $700 million in fictitious promissory notes. Since December 2008, Dreier was implicated in a massive investment fraud case which allegedly began in 2004. He was the sole equity partner of the dissolved law firm, Dreier, LLP. Dreier was charged around the same time that Bernard Madoff confessed to his fraud. Civil charges, filed in December 2008 by the U.S. Securities and Exchange Commission, are pending. On October 8, 2009, the state of New York disbarred him. He had been inducted in May 1976. Marc Dreier grew up on the South Shore of Long Island, in an affluent area known as the Five Towns.


Freebase CC-BY
Source: Marc Stuart Dreier on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under CC BY-SA