Financial Fraud News Update

Offices of the United States Attorneys

You are subscribed to Financial Fraud news updates. This information has recently been updated, and is now available. Financial Advisor Convicted Of Scheme To Defraud Professional Basketball Players 03/04/2026 07:00 AM EST United States Attorney for the Southern District of New York, Jay Clayton, announced the conviction of DARRYL COHEN for defrauding three professional basketball players who were among his former financial advisory clients, following a five-week jury trial before U.S. District Judge Vernon S. Broderick.

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