Gryphon Schemer Still Scheming, DOJ Claims

Law360, New York (November 8, 2010, 3:36 PM EST) -- A federal judge will consider at a hearing Tuesday whether a man who posed as a billionaire investment guru and allegedly bilked elderly investors out of $17.5 million should await his trial in jail after prosecutors reported he tried to launch a similar scheme while out on bail.

Investigators arrested Kenneth Marsh in April for allegedly posing as a Harvard-educated hedge fund manager named Ken Maseka and hyping his investment advisory company, Gryphon Financial, as a white shoe Wall Street firm, when it was actually run...
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