Marc Dreier arrested for alleged fraud of hedge funds

Marc Dreier, a prominent New York plaintiffs' lawyer and founder of Dreier LLP, was charged by US federal prosecutors with securities and wire fraud in a case alleging a multimillion-dollar real-estate fraud involving hedge funds.

Separately, the Securities and Exchange Commission charged Dreier with fraud in an elaborate scheme that raised at least $113m from the sale of bogus promissory notes.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump