Former hedge fund manager Michael Lauer and four others have been indicted in the United States on charges that they helped to defraud investors in the Lancer Offshore group of more than $200 million.
Lauer, Martin Garvey, Eric Hauser, Laurence Isaacson, and Milton Barbarosh were each indicted on one count of conspiracy to commit fraud and six counts of fraud at the U. S. District Court for the Southern District of Florida on January 29, 2008. The indictment was sealed until February 19, 2008 so arrests could be effected.
Ex-Lancer Offshore principal & four associates indicted for fraud in US
17 years ago
Topics
British Virgin Islands Fraud Investment Liquidations & Insolvencies USAKeywords
Eric Hauser Lancer Offshore Laurence Isaacson Liquidations & Insolvencies Martin Garvey