Lynn Tilton, one of the richest self-made women in America, has vowed to fight fraud charges brought by the Securities and Exchange Commission, calling it a battle between "good and evil."
In an exclusive interview with CNBC in mid-March in anticipation of the allegations, Tilton, CEO of Patriarch Partners, said the SEC charges are "ill-founded," and she vowed to fight them rather than settle.
"I am shocked," she said. "I am disappointed, saddened and ... I am certain that the allegations are ill-founded."
She called the case "the ultimate battle in good against evil, light against dark," and that after fighting battles before over her reputation, "I have prevailed and I expect to do that again."
Tilton also vowed to continue running her more than 70 companies, which she said would be unaffected by the charges and wouldn't be sold off in any kind of fire sale.
"My No. 1 priority is protecting my company and my people so that I can maximize the value of the funds," Tilton told CNBC. "My people need to know that I am fighting for them. I also want to live in a country where I can fight for truth without assuming that because it's the government that I am guilty without the battle. As someone who has always fought for truth, and protected her integrity and her intent, and have prevailed, I expect to do that."