Marc Dreier
American lawyer and criminal (born 1950)
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Marc Dreier
Marc Stuart Dreier (born May 12, 1950) is an American former lawyer who gained notoriety for committing investment fraud through a Ponzi scheme. In 2009, he was sentenced to 20 years in federal prison and is set to be released on June 30, 2025. Dreier pleaded guilty to eight charges of fraud, including conspiracy to commit securities fraud and wire fraud, money laundering, securities fraud, and wire fraud. His scheme involved selling over $950 million in fictitious promissory notes. The U.S. Securities and Exchange Commission filed civil charges against him in December 2008. Dreier was the sole equity partner of the now-dissolved law firm Dreier, LLP. His unlawful actions resulted in him stealing over $740 million from clients and hedge funds.
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