Legal I hadn't heard about this story, but there may be an interesting twist for some of the celebrities involved. It's the result of the work of
Dana Giacchetto and the implosion of his New York investment firm. He ran a sort of Robin Hood operation in reverse. He would take money from his less successful clients and use it to convince his higher profile clients that his investment advise was paying off. Those clients are now being chased and sued by the creditors so that those left out of pocket can be renumerated. The issue for me here is how did he decide? And apart from cheated, how would you feel about not being one of the clients he deemed imortant enough to give money to rather than have it taken away. I can feel self-esteems being rocked as I type.
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