Blackstone exec charged w/stealing $25 million
Posted: Mon Mar 28, 2016 7:06 pm
U.S. attorney, SEC allege Andrew Caspersen took funds from charity to trade stocks in his personal account
Child of privilege, but I guess he couldn't resist. Lost tons of money in "aggressive options trading."They allege the 39-year-old private-equity executive concocted a phony investment fund, invented a fictitious financier and set up bogus Internet domain names and fake email addresses, all part of a bizarre scheme to steal $25 million.