Marc Stuart Dreier
| Marc Stuart Dreier | |
|---|---|
| Born |
May 12, 1950 South Shore, New York, US |
| Residence | Manhattan, New York, United States |
| Nationality | American |
| Education |
Yale University B.A. Harvard Law School J.D. |
| Occupation | Former attorney |
| Employer | Dreier LLP |
| Known for | Fraud |
| Criminal charge |
Securities fraud Wire fraud Money laundering |
| Criminal penalty | 20 years' imprisonment |
| Criminal status | FCI Sandstone, Minnesota; scheduled date of release: October 26, 2026 |
Marc Stuart Dreier (born May 12, 1950) is a former American lawyer who was sentenced to 20 years in federal prison in 2009 for committing investment fraud using a Ponzi scheme. He is scheduled to be released from FCI Sandstone on October 26, 2026. On May 11, 2009, he pleaded guilty in the United States District Court for the Southern District of New York to eight charges of fraud, which included one count of conspiracy to commit securities fraud and wire fraud, one count of money laundering, one count of securities fraud, and five counts of wire fraud in a scheme to sell $700 million in fictitious promissory notes. Civil charges, filed in December 2008 by the U.S. Securities and Exchange Commission, are pending.
He is the sole equity partner of the dissolved law firm Dreier, LLP. After being suspended from the New York Bar on December 23, 2008, the New York Supreme Court formally disbarred Dreier on October 8, 2009, effective nunc pro tunc to May 11, 2009. He had been admitted on May 5, 1976.
Marc Dreier grew up on the south shore of Long Island in an affluent area known as the Five Towns. His father, a Jewish immigrant from Poland, owned a chain of movie theaters. Dreier presided over the Lawrence High School student council, and graduated "most likely to succeed". He graduated from Yale University in 1972 with a Bachelor of Arts and earned a Juris Doctor from Harvard Law School in 1975. He began his career as a "shining star" in the late 1970s at Rosenman & Colin, Freund, Lewis & Cohen, then a 90-lawyer litigation firm, and was well regarded. "He was a very smart, hard-working guy....Funny, personable – part of the social mix", but what most distinguished him was his ability to think on his feet. "He's very quick. Very smart."
...
Wikipedia