defrauded

Some of the women he defrauded have told the BBC the trauma they suffered at his hands was similar to that felt by victims of sexual assault and domestic abuse.

Westwood-based B. Riley took the Delaware, Ohio, company private last year in a $2.8-billion management-led buyout that turned disastrous amid slowing sales for Franchise Group and a scandal involving ties between its founder, Brian Kahn, and Prophecy Asset Management, a hedge fund that federal prosecutors allege defrauded investors of $294 million.

The firm had seen its stock drop more than 90% since it underwrote the management-led buyout last year of Franchise Group, whose founder, Brian Kahn, has been tied to the collapse of Prophecy Asset Management, a hedge fund that federal prosecutors allege defrauded investors of $294 million.

Over the course of 10 years, she defrauded cancer charity Rainbow Valley by forging the signatures of staff and rerouting cash.

Instead, she was quoted as saying by the Associated Press, he had “defrauded the state”.