Law firm founder Dreier faces life in prison after pleading guilty

New York law firm founder Marc Dreier, who turned 59 today, might face life in prison after pleading guilty to fraud charges. Dreier is accused of defrauding hedge funds by selling $700 million in phony promissory notes.

Law firm founder Dreier faces life in prison after pleading guilty bloomberg.com bloomberg.com Tue, May 12, 2009