|
|
|
|
Giacchetto, Financial Advisor to the Stars, Charged with Securities Fraud
Dana Giacchetto’s clients included Matt Damon, Ben Affleck, Leonardo DiCaprio, Courtney Cox and rock band Phish, some members of the B-52s and the Smashing Pumpkins, and Hollywood agent Michael Ovitz.
Giacchetto is charged with illegally transferring $20 million of his clients’ money, stealing about $6 million of that amount and lying to the SEC.
Giacchetto’s advisory firm, Cassandra Group, is closing down, but there remains $4 million in clients’ money that remains unaccounted.
Source: Wall Street Journal, April 4, 2000
|
Sponsored by James J. Eccleston. This Web site contains material of general interest. It is neither intended to, nor constitutes, either legal advice or investment advice.
Always consult an attorney and/or investment adviser when building and protecting your wealth.
All content Copyright © 2010 Advocate Compliance Partners, Inc. except where noted. All rights reserved.
One North Franklin Street, Suite 2620, Chicago, IL 60606
Telephone 312-332-0000 | Fax 312-332-0003
|
|
|
|
|
