Wextrust Investment. In late 2008 judge denny chin, also of the manhattan federal bench, called for a $500,000 fee reduction from the private lawyers handling the receivership of wextrust capital,. According to the company's website, wextrust is a globally diversified private equity and specialty finance company, specializing in investment opportunities ranging from.
According to the company's website, wextrust is a globally diversified private equity and specialty finance company, specializing in investment opportunities ranging from. In this case, wextrust purported to be 'a globally diversified private equity and specialty finance company, specializing in investment opportunities ranging from real estate to. On august 28, 2008, the sec seized the wextrust investment company and indicted its principals.
Joseph Shereshevsky, 54, Brooklyn, New York And Norfolk, Virginia, A Former Chief Operating Officer Of The Private Equity Firm Wextrust Capital, Llc (“Wextrust Capital“ ), Was Sentenced.
According to the company's website, wextrust is a globally diversified private equity and specialty finance company, specializing in investment opportunities ranging from. On august 11, 2008, the sec obtained an asset freeze and the appointment of a receiver in its case against wextrust capital, llc, its principals steven byers and joseph shereshevsky,. Use the cb insights platform to explore wextrust capital's.
The Securities And Exchange Commission Brought An Action Against Several Individuals And Related Investment Entities (The Wextrust Entities) Who Allegedly Participated In.
The sec charged wextrust capital llc, a private equity firm, and various affiliates, on aug. The amended complaint further alleges that in early august 2008, when numerous wextrust accounts had been frozen, defendant joseph shereshevsky directed his wife to open an. A former private equity executive was sentenced to 13 years and four months in prison for his role in a real estate investment fraud that federal authorities have called a $255 million ponzi.
According To A June Letter From Receiver Jonathan Ware, A Large Majority (86 Percent, Or $308 Million) Of The Recovered Wextrust Assets Went To Secured Creditors To Repay.
That was the beginning of the nightmare for 1,400 wextrust investors.
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Shereshevsky And His Business Partner, Steven Byers, Stand Accused Of Running A Giant Ponzi Scheme Through Their Investment Firm, Wextrust Capital.
While wextrust did buy the arcade building and several other properties, it failed to invest millions of dollars as promised. On august 28, 2008, the sec seized the wextrust investment company and indicted its principals. 12 with running a scheme to bilk investors by raising money for a particular.
Joseph Shereshevsky, 54, Brooklyn, New York And Norfolk, Virginia, A Former Chief Operating Officer Of The Private Equity Firm Wextrust Capital, Llc (“Wextrust Capital“ ), Was Sentenced.
In late 2008 judge denny chin, also of the manhattan federal bench, called for a $500,000 fee reduction from the private lawyers handling the receivership of wextrust capital,. The sec charged wextrust capital llc, a private equity firm, and various affiliates, on aug. In this case, wextrust purported to be 'a globally diversified private equity and specialty finance company, specializing in investment opportunities ranging from real estate to.
A Former Private Equity Executive Was Sentenced To 13 Years And Four Months In Prison For His Role In A Real Estate Investment Fraud That Federal Authorities Have Called A $255 Million Ponzi.
On august 11, 2008, the sec obtained an asset freeze and the appointment of a receiver in its case against wextrust capital, llc, its principals steven byers and joseph shereshevsky,. In one instance, the company raised $9.2 million to buy. Use the cb insights platform to explore wextrust capital's.
That Was The Beginning Of The Nightmare For 1,400 Wextrust Investors.
According to a june letter from receiver jonathan ware, a large majority (86 percent, or $308 million) of the recovered wextrust assets went to secured creditors to repay. The securities and exchange commission brought an action against several individuals and related investment entities (the wextrust entities) who allegedly participated in. The firm is a private equity and specialty finance company specializes in real estate, specialty finance, and investment banking.
The Amended Complaint Further Alleges That In Early August 2008, When Numerous Wextrust Accounts Had Been Frozen, Defendant Joseph Shereshevsky Directed His Wife To Open An.
See, former ceo and president of wextrust capital sentenced in manhattan federal court to 160 months in prison for real estate investment fraud scheme According to the company's website, wextrust is a globally diversified private equity and specialty finance company, specializing in investment opportunities ranging from.