http://www.bloomberg.com/news/articles/2016-03-28/andrew-caspersen-charged-by-u-s-with-95-million-fraud-scheme
A former managing director at PJT Partners Inc.'s Park Hill Group was
arrested and charged with scheming to defraud investors, including a
charitable foundation, of more than $95 million.
Andrew Caspersen, 39,
stole the money through phony private equity investments and lost
millions through aggressive options trading in his own account,
prosecutors said in a complaint made public Monday. PJT told staff in a
memo that Caspersen was fired on Monday. Shares of the investment bank
plunged in New York trading.
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