Lawyer Dreier as bad as Madoff?


	Lawyer Dreier as bad as Madoff?

tommy2balmy

7-8-2009 4:34 PM

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tags:

dreier, lawyer, scam, fraud, madoff

tommy2balmy says:

Government seeks 145 year sentence in fraud case.

1 Comment |

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7-8-2009 5:00 PM

cptenaud

Keep them coming. There are plenty more white collar trash that needs to be taken down.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/baa2a982-1c4a-4feb-bab1-31d5d72ee342/F2C8700F-8100-49E6-99D5-81A805432DD8/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://cityroom.blogs.nytimes.com/2009/07/08/us-seeks-145-year-sentence-for-lawyer-in-fraud-case/" href="http://cityroom.blogs.nytimes.com/2009/07/08/us-seeks-145-year-sentence-for-lawyer-in-fraud-case/" style="font-size: 11px;">cityroom.blogs.nytimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://cityroom.blogs.nytimes.com/2009/07/08/us-seeks-145-year-sentence-for-lawyer-in-fraud-case/"><div align="center"><img src="http://content8.clipmarks.com/blog_cache/cityroom.blogs.nytimes.com/img/B382FEA0-6125-44AF-AEC1-086C1435EB01" alt="Marc S. Dreier" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://cityroom.blogs.nytimes.com/2009/07/08/us-seeks-145-year-sentence-for-lawyer-in-fraud-case/"><P><SPAN class="update" id="t14h18m">Updated, 2:05 p.m. |</SPAN> The government has recommended that a federal judge in Manhattan impose a 145-year sentence on <A href="http://topics.nytimes.com/top/reference/timestopics/people/d/marc_s_dreier/index.html">Marc S. Dreier</A>, the prominent New York lawyer who has pleaded guilty to a fraud scheme that bilked hedge funds and other investors out of at least $400 million.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://cityroom.blogs.nytimes.com/2009/07/08/us-seeks-145-year-sentence-for-lawyer-in-fraud-case/"><P>In a submission on Wednesday to the judge, <A href="http://topics.nytimes.com/topics/reference/timestopics/people/r/jed_rakoff/index.html">Jed S. Rakoff</A> of Federal District Court, federal prosecutors quoted statements by the judge himself at Mr. Dreier’s <A href="http://www.nytimes.com/2009/05/12/nyregion/12dreier.html?scp=2&sq=dreier%20guilty&st=cse">guilty plea in May</A>, that the lawyer “has shown that he is to be ranked with those who have committed some of the most egregious frauds in history” and that “he has disgraced the venerable profession of law.”<SPAN id="more-55965"></SPAN></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://cityroom.blogs.nytimes.com/2009/07/08/us-seeks-145-year-sentence-for-lawyer-in-fraud-case/"><P> The sentence request is just five years less than prosecutors sought — and a judge imposed — on <A href="http://topics.nytimes.com/top/reference/timestopics/people/m/bernard_l_madoff/index.html">Bernard L. Madoff</A>, who pleaded guilty to orchestrating the largest Ponzi scheme in history.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://cityroom.blogs.nytimes.com/2009/07/08/us-seeks-145-year-sentence-for-lawyer-in-fraud-case/"><P>Mr. Dreier, 59, is to be sentenced on Monday.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://cityroom.blogs.nytimes.com/2009/07/08/us-seeks-145-year-sentence-for-lawyer-in-fraud-case/"><P>“This conduct, and the resulting harm, is especially deserving of a lengthy prison sentence,” prosecutors said.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/F2C8700F-8100-49E6-99D5-81A805432DD8/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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