David Siegel

SEC Receiver criticized by judge over efforts to recover assets

November 8, 2003

An SEC appointed Receiver has been criticized by a judge for not doing enough to recover assets of an $87 million fraud that were transferred offshore, including $61 million to Barclays Bank in the Bahamas.The target of the criticism is

David Siegel held in contempt of court

October 17, 2003

Accused investment fraudster David H. Siegel has been held in contempt of court in the United States for failing to repatriate assets believed to be concealed offshore.The order was issued by the U. S. District Court for the Southern District of Florida on September 30, 2003 following a three-day hearing.

David Siegel faces prison for contempt

September 30, 2002

Florida based businessman David H. Siegel looks set to become the latest suspected investment fraudster to choose money over prison.The SEC filed a contempt of court motion against 65 year old Siegel on September 27, 2002 after he failed to

Financial broker accused of securities-loan fraud

July 31, 2002

A Florida-based businessman with a checkered past has been accused of defrauding 160 international investors of $87 million in a stock scam.David H. Siegel, 65, used companies and bank accounts in the Bahamas and other offshore jurisdictions to siphon off funds from his clients, it has been alleged.