Breaking news from the Financial Times:
A former employee of the Securities and Exchange Commission was charged on Wednesday for allegedly leaking information about an investigation into a private equity group that he subsequently joined.
Michael Cohn, who was a securities compliance examiner in the SEC’s enforcement division, was accused by federal prosecutors in Manhattan of giving investigative information to senior management at GPB Capital Holdings.
This is blockbuster news. The end is near for GPB Capital now that obstruction of charges have been filed against GPB’s so-called “Compliance Officer.” Cohn was released on a $250,000 bond.
This news could portend the arrest of other GPB officials including Scientologist David Gentile, the CEO and owner of GPB Capital.
The US DOJ Press Release. Note: Please hover your cursor over the document to invoke the page up/page down controls at the bottom of the page frame.Michael.Cohn.DOJ.Press.Release
The superseding indictment for Michael Cohn seeks criminal forfeiture of assets. Note: Please hover your cursor over the document to invoke the page up/page down controls at the bottom of the page frame.cohn_superseding_indictment_0
Categories: The Scientology Money Project