Prominent ny lawyer Dreier sentenced to 20 years
Marc Dreier, a high-profile New York lawyer who admitted to a $400 million investment fund fraud that unraveled at the same time as Bernard Madoff's huge swindle, was sentenced to 20 years imprisonment on Monday.
Marc Dreier, the New York law firm founder accused of defrauding hedge funds, will plead guilty to federal charges including conspiracy and wire fraud next month, his lawyer said.