NY Hedge Founder Indicted for $1B Fraud

December 19, 2016

NEW YORK — Federal authorities say they’re unsealing an indictment charging a hedge fund founder and six others in a $1 billion fraud case.

U.S. Attorney Robert L. Capers in New York City scheduled a news conference for Dec. 19 to discuss the case against Platinum Partners chief investment officer Mark Nordlicht.

In June, the FBI arrested a longtime associate of Nordlicht, Murray Huberfeld, along with Norman Seabrook, the head of the nation’s largest municipal jail guard union.

Federal authorities alleged Seabrook got tens of thousands of dollars in cash in exchange for steering $20 million in union money to the hedge fund. Seabrook and Huberfeld have pleaded not guilty.

There was no immediate information on an attorney who could comment on Nordlicht’s behalf. Platinum representatives did not immediately respond to a comment request.


NEW YORK — Police searching for an unidentified man who shot and killed another passenger on a moving New York City subway train asked for the public's help Monday.

Top Stories

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

General News

PHILADELPHIA – The Federation of Hellenic Societies of Philadelphia and Greater Delaware Valley announced that the Evzones, the Presidential Guard of Greece will be participating in the Philadelphia Greek Independence Day Parade on March 20.


Mitsotakis Addresses Boston College Graduation Ceremony

BOSTON - Greek Prime Minister Kyriakos Mitsotakis spoke at the 146th graduation ceremony of Boston College, held on Monday.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.