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“Mr. Dreier is the Houdini of impersonation and false documents,” Assistant U.S. Attorney Jonathan Streeter told a magistrate judge in Manhattan last week. “He has been fooling some of the most sophisticated institutional investors in the world.”
He isn’t the only one. Dreier’s alleged scams, which investigators put at $380 million and counting, are peanuts compared with Bernard Madoff’s admitted $50 billion Ponzi scheme.
If it weren’t for the shadow cast by Madoff’s gigantic con, the story of Marc Dreier’s chutzpah would be provoking the sort of dumbstruck amazement that Madoff’s tale now elicits.
New Orleans Lawyers , Nashville Lawyers
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S.E.C. Report Details Lapses i
