New York fund manager pleads guilty to Belize airport scam

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A New York investment manager pleaded guilty on Wednesday to running a $21.9 million fraud in which he falsely told dozens of investors their money was being used to build an international airport in Belize, the U.S. Department of Justice said.

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An American fund manager from New York, Brent Borland, 48, plead guilty on Wednesday to running a US $21.9 Million fraud in which he falsely told investors their money was being used to construct.

 · A Pound Ridge man who claimed to be a hedge fund manager admitted to ripping off friends, family and acquaintances, many of whom live in the area of his wealthy New York.

An unidentified New York hedge fund needed more convincing. Dreier allegedly sent the New York fund the same phony documents that he’d given the Connecticut fund, but portfolio managers wanted.

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Embarrassingly, one of the journeys was a day trip from New York. airport runway for the short distance between the two. Concerns have also been raised about the lack of transparency at the.

An American fund manager from New york pleaded guilty this week to falsely claiming that he was collecting funds to be used to build an airport in Belize. Brent Borland, 48, collected $22m from his victims over a four-year period between 2014 and 2017. According to the indictment, he directed some $.