Constance Parten is a senior producer for CNBC.com. Prior to joining CNBC in 2007, Parten was the lead web producer for "NBC Nightly News with Brian Williams," and previously, the business editor/producer for DallasNews.com, the website of The Dallas Morning News. As a reporter for several national publications, Parten covered the insurance industry, corporate taxation and economic development.
Dreier, who once headed a 250-member law firm Dreier LLP on New York's exclusive Park Avenue, was arrested in December, 2008, on charges of swindling hedge funds and investment funds in a four-year-long scheme that unraveled in the financial crisis. This is the story of how he bought his way to fame and fortune, using other people's money.
Here, we take a look at the top financial deceptions among couples who have combined their finances — the financial infidelities that can destoy relationships.
When Sholom Rubashkin was sentenced in June, 2010, to 27 years in prison for financial fraud, it was two years more than prosecutors sought. It also was unusually high when compared to recent financial crimes — longer than the term for Jeffrey Skilling, the former chief executive of Enron, or of Dennis Kozlowski, the former chief executive of Tyco.
Roughly two weeks before a judge would sentence her to jail in July 2010, Lindsay Lohan sat in a downtown courtroom and recounted to a grand jury how a burglar's black fingerprints on her wall left her so unnerved that she had to leave her rented Hollywood bungalow. The work of the "Bling Ring" had rattled the starlet to her core.