Harvard Law and Princeton educated banker accused of masterminding $95million fraud scheme - and losing it all http://www.dailymail.co.uk/news/article-3513108/Ex-executive-investment-bank-charged-95M-fraud-scheme.html
Andrew Caspersen, 39, was charged in Manhattan federal court with securities and wire fraud after allegedly scamming clients of PJT Partners Inc. into investing millions of dollars in sham private equity investments from July through March.
After an initial court appearance,he was released on $5 million bail.
His father is the late philanthropist Finn Caspersen who committed suicide in 2009.