always with the three names

lucarelliEarlier today, a man was given a platform to make some brief remarks and ended up telling a rambling story that surprised onlookers with its non-sequiturs, bizarre details, and, at times, volume. Was he doing so during a hearing in federal court or at a bar in downtown Manhattan (let’s just call it The Patriot)? Based on the following clues, you tell us:

  • The man name dropped many a super model he claimed to have worked with
  • He bitched about his boss
  • He worked in a story about getting into– and winning– a fistfight with his father when he was 16
  • Not on this occasion but one past ones, he’s been known to pair flip-flops with sweatpants
  • He spoke of the marriage troubles/bedroom problems associated with having a wife 20 years one’s junior
  • There was a brief aside about coke
  • He was told at least twice to keep it down, because he was yelling

Read more »

Just the tip of the iceberg re: what he could score you.

Just the tip of the iceberg re: what he could score you.

Time was, anyone in need of both prescription pain killers and a top of the line inkjet printer needn’t look any further than the 24-hour convenience store that was Jeffrey Brian Grove, of the Melbourne, Florida Charles Schwab office. JBG had everything you could possibly need and if he didn’t, he’d simply log into Schwab’s internal system and order it or tell his dealer to chop chop. Unfortunately, for his clients and the beneficiaries of his lucrative side business, all good things must one day come to an end. Read more »

What makeover show in hell?

What makeover show in hell?

Remember Aubrey Lee Price? Georgian banker who screwed investors out of millions, faked his own death, was on the lam for about 18 months, during which time he set up a grow house in Florida and transformed his look from southern banker to the love child of James Lipton and Dave Navarro? Got caught when some local cops pulled him over for having illegally tinted windows? Today he was sentenced to 30 years in prison and will also be ordered to pay approximately $46 million in restitution. How will he come up with the cash? Oh, he’s got a plan. Read more »

Frank Perkins Hixon Jr, who violated securities laws in the name of love (or something), has begun his sentence. Read more »

Allegations of securities fraud are apparently no reason to slip out of one’s tank top, according to Michael Dupre Lucarelli, seen at left leaving federal court yesterday. Read more »

Remember Frank Perkins Hixon Jr? Former Evercore managing director charged with securities fraud (and lying to the FBI!) after he opened up brokerage accounts in his ex-mistress’s and father’s names and then did a little insider trading in them to the tune of $700,000 in ill-gotten gains? Told a judge that he did it in order to stay connected with Destiny Wind Robinson, with whom he fathered a child, as she would not accept cash but was okay with investment ideas? A judge has sentenced him to two-and-a-half years, which would’ve been longer had it not been for the other woman in his life (AKA his wife) asking for leniency on his behalf. Read more »

In court today, where he pleaded guilty, Frank Perkins Hixon Jr. laid out his thinking:

  • This wasn’t about avarice, it was about love
  • All he was trying to do was set up a nest egg for the woman with whom he had a two year affair, and their love child
  • But because his lady friend would not accept cash, he gave her the next best thing, the proceeds from trades based on material non-public information

Read more »

He just had to get a little creative is all. A lot of people say that trading is their passion but when push comes to shove they’d give it up in a second if A) they lost their Bloomberg terminal and B) a judge ordered them to do so. Neither of these things were going to hold James Michael Murray down. Read more »