Marc Dreier gets 20 years

For frauds that fleeced investors of somewhere between $400 million and $700 million, depending on whom you listen to. [NYDN] “Prosecutors have also said that Mr. Dreier, 59, a graduate of Yale University and Harvard Law School, stole more than $46 million from his clients. … [In a letter to the judge Dreier] said that he began stealing in 2002, taking money from the settlement proceeds that were owed to a client.” [NYT]

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