Marc Dreier

January 10, 2024
Lawyer

Quick Facts

Marc Dreier
Full Name Marc Dreier
Occupation Lawyer
Date Of Birth May 12, 1950(1950-05-12)
Age 74
Birthplace Long Island
Country United States
Birth City New York
Horoscope Taurus

Marc Dreier Biography

Name Marc Dreier
Birthday May 12
Birth Year 1950
Place Of Birth Long Island
Home Town New York
Birth Country United States
Birth Sign Taurus
Spouse Elisa Peters
Children(s) Spencer Stuart Dreier, Jackie Dreier

Marc Dreier is one of the most popular and richest Lawyer who was born on May 12, 1950 in Long Island, New York, United States.

Kosta S. Kovachev was the son of two doctors who emigrated from Serbia in 1964 and set up practices in New York City. He was born in Belgrade, was educated at Columbia University and Harvard Business School, and joined Morgan Stanley in 1987. He left there after five years for a succession of smaller, obscure firms, then voluntarily gave up his broker’s license in 2002. In 2006, he lost his broker’s license from the National Association of Securities Dealers after being implicated in a $28 million Ponzi scheme. He refused to cooperate with investigators, and eventually paid more than $350,000 penalties and interest to settle the matter, while admitting no wrongdoing. Dreier was Kovachev’s lawyer during that case.

Marc Dreier grew up on the south shore of Long Island in an affluent area known as the Five Towns. His father, a Jewish immigrant from Poland, owned a chain of movie theaters. Dreier presided over the Lawrence High School student council, and graduated “most likely to succeed”. He graduated from Yale University in 1972 with a Bachelor of Arts and earned a Juris Doctor from Harvard Law School in 1975. He began his career as a “shining star” in the late 1970s at Rosenman & Colin, Freund, Lewis & Cohen, then a 90-lawyer litigation firm, and was well regarded. “He was a very smart, hard-working guy….Funny, personable – part of the social mix”, but what most distinguished him was his ability to think on his feet. “He’s very quick. Very smart.”

Marc Dreier Net Worth

Net Worth $5 Million
Source Of Income Lawyer
House Living in own house.

Marc Dreier is one of the richest Lawyer from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Marc Dreier 's net worth $5 Million. (Last Update: December 11, 2023)

Marc Stuart Dreier (born May 12, 1950) is a former American lawyer who was sentenced to 20 years in federal prison in 2009 for committing investment fraud using a Ponzi scheme. He is scheduled to be released from FCI Sandstone on October 26, 2026. On May 11, 2009, he pleaded guilty in the United States District Court for the Southern District of New York to eight charges of fraud, which 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 more than $950 million in fictitious promissory notes. Civil charges, filed in December 2008 by the U.S. Securities and Exchange Commission, are pending. The 2011 documentary Unraveled states that “Drier stole over $740 million from 4 clients, 4 individuals, and 13 hedge funds”.

Height, Weight & Body Measurements

Marc Dreier height Not available right now. Marcelo weight Not Known & body measurements will update soon.

Who is Marc Dreier Dating?

According to our records, Marc Dreier married to Elisa Peters. As of December 1, 2023, Marc Dreier’s is not dating anyone.

Relationships Record : We have no records of past relationships for Marc Dreier. You may help us to build the dating records for Marc Dreier!

From 1999 to 2002, Dreier, Baritz, & Federman was formed with offices in New York and Boca Raton with most associates in Oklahoma. Dreier ran the new firm’s already leased Park Avenue office. He favored plaintiff class-action lawsuits, which brought in large revenue. Federman had problems with Dreier’s spending, managerial style, and secrecy, which culminated in a lawsuit.

Facts & Trivia

Marcelo Ranked on the list of most popular Lawyer. Also ranked in the elit list of famous people born in United States. Marc Dreier celebrates birthday on May 12 of every year.

The eight-count indictment states his deception began in 2004, that Dreier gave the purchasers of his notes false financial statements, arranged meetings for investors with people who impersonated officials from purported issuers of the notes, sold fake promissory notes purportedly issued by a Canadian pension plan, and embezzled more than $400 million from his client escrow account.

Where is Marc Dreier now?

Marc Dreier is scheduled to be released from federal prison on November 11,

  1. Dreier, a former attorney, is serving a 20 year prison term after admitting to defrauding his hedge fund clients out of $400 million.

How did Marc Dreier get caught?

The police in Toronto were called, and Dreier was arrested for impersonation. When he returned to New York five days later, he was apprehended by the FBI on charges of fraud and money laundering , to the complete and utter astonishment of the New York legal community and to the employees of his own law firm.

Why did Marc Dreier commit crimes?

Marc Stuart Dreier (born May 12, 1950) is a former American lawyer who was sentenced to 20 years in federal prison in 2009 for committing investment fraud using a Ponzi scheme.

Who is Bill Duker?

Duker was the owner of the sailing yacht Sybaris and the Feadship motor yacht Rasselas. He sold Sybaris in 2018.

Did Bill Duker go jail?

NEW YORK — William Duker, a high-flying litigator who was caught padding his legal bills to the federal government, was sentenced to 33 months of incarceration.

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