TITLE

AA Capital's Orecchio Gets Pinched

AUTHOR(S)
MacFadyen, Ken
PUB. DATE
September 2006
SOURCE
Investment Dealers' Digest;9/25/2006, Vol. 72 Issue 36, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the misuse of funds of ABN AMRO by John Orecchio, the head of the company, in Chicago. Orecchio has been ousted from the company after being found out to have been pilfered at least $5.7 million from ABN AMRO Capital's investment fund for personal use. Another $5 million of limited partner funds has also been misappropriated by Orecchio, in payment for the firm's business expenses.
ACCESSION #
22558204

 

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