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Merrill Lynch Embezzler out of Jail and Back in Business

After getting out of prison in 2007 for stealing $43 million from Merrill Lynch, Daniel Gordon quickly was back in business, loaning hundreds of thousands of dollars to pro athletes at interest rates topping 75 percent per year and on his way to making multimillion-dollar business deals, court records show.
The Norwich, Conn., native is now managing partner of a New York City-based, privately held investment firm, Rosedale Cooley & Co., and lives in a posh apartment building on Manhattan’s Upper East Side, according to court records and documents filed in Delaware, where Rosedale Cooley is incorporated.
But Gordon’s return to the business world from prison has been a bumpy ride. He’s faced several lawsuits over his business dealings and remains mired in a Chapter 7 bankruptcy case he filed nearly three years ago that includes allegations of theft and fraud against him made by his ex-wife, Laura Gordon, and pro basketball player Eddy Curry.
vior,” according to a document filed in the bankruptcy case by Laura Gordon.
Read More: Yahoo Finance News