Fund Founder Daniel Kamensky Is Charged by U.S. Prosecutors
A closed Neiman Marcus Group Inc. store is seen at a shopping mall in San Diego, California, U.S., on Thursday, May 7, 2020. Emptied out malls and hotels across the U.S. have triggered an unprecedented surge in requests for payment relief on commercial mortgage-backed securities, an early sign of a pandemic-induced real estate crisis. Photographer: Bing Guan/Bloomberg
, Bloomberg
Matt Robinson, Bloomberg News
(Bloomberg) -- Marble Ridge Capital founder Dan Kamensky was accused by federal prosecutors of securities fraud and extortion, as the U.S. claimed he abused his position on a Neiman Marcus Group Inc. bankruptcy committee to purchase securities at an artificially low price.
Read More: Marble Ridge’s Dan Kamensky Sued by SEC Over Neiman Bankruptcy
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