Tag Archives: concealed assets in divorce

SAC Founder Avoids $5.5 Million Divorce Fraud Punishment

Steven A. Cohen, the billionaire investor and founder of SAC Capital Advisors LP, recently won a dismissal of a lawsuit in which his ex-wife alleged he defrauded her out of millions of dollars when they divorced in 1990. The chief judge in the case, Loretta Preska, said Patricia Cohen was unable to prove her husband… Read More »