Saturday, January 3, 2009

Update On Fabian Fraud Case: He Files For Bankruptcy

Alan B. Fabian, 44, the Maryland-based entrepreneur and philanthropist sentenced to more than 9 years in prison for defrauding investors of some $40 million, has filed for bankruptcy. The petition lists $52 million in debts and only $3.7 million in assets.

Read FraudTalk's original post on this story here.

Read the story here.

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