DiNapoli: Three Arrested for Scheme to Steal Unclaimed Funds from New York State state.ny.us - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from state.ny.us Daily Mail and Mail on Sunday newspapers.
<p><span>An indictment was unsealed today in the Southern District of New York charging Gregoire Tournant, the Chief Investment Officer and co-lead Portfolio Manager for a series of private investment funds managed by Allianz Global Investors U.S. LLC (AGI), with securities fraud, investment adviser fraud and obstruction of justice offenses in connection with a scheme to defraud investors. Those funds ultimately collapsed, leading to billions of dollars of investor losses. Tournant surrendered to Postal Inspectors in Denver, Colorado, this morning and is expected to be presented later today. The case has been assigned to U.S District Court Judge Laura Taylor Swain.</span></p>
Mailbox Fishing Crew Dismantled in Queens | The Forum Newsgroup theforumnewsgroup.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theforumnewsgroup.com Daily Mail and Mail on Sunday newspapers.
The U.S. Postal Inspection Service said its covert internet snooping program did not break the law, challenging an inspector general report that accused the agency of conducting unauthorized searches and exceeding its law enforcement authority.