Platinum Partners LP co-founder Mark Nordlicht, who was found guilty of fraud in New York federal court, was sentenced to six months of home confinement by a judge who has consistently expressed skepticism about the government's case.
US District Judge Brian M. Cogan, who previously overturned Nordlicht's conviction in 2019 only to have it reinstated by an appeals court, sentenced him on Tuesday in Brooklyn, New York, to two years probation. When delivering the sentence, the judge noted that Nordlicht had 'lunged' at a female federal prosecutor during his trial.
Given how he felt about the whole case, it's sort of surprising that Cogan didn't add, 'but can you blame him?'
Platinum Partners Founder Gets Six Months House Arrest for Fraud [Bloomberg] For more of the latest in litigation, regulation, deals and financial services trends, sign up for Finance Docket, a partnership between Breaking Media publications Above the Law and Dealbreaker.
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