'Varsity Blues' college fraud prosecutor joins Quinn Emanuel
Adds details on office locations in paragraph 2
By Nate Raymond
Oct 14 (Reuters) -He A federal prosecutor in Boston who oversaw the "Operation Varsity Blues" probe into the U.S. college admissions scandal and secured the conviction of a Kremlin-linked businessman who was part of August's prisoner swap between Russia and the West has joined the law firm Quinn Emanuel Urquhart & Sullivan.
Stephen Frank, who had been the chief of the securities, financial and cyber fraud unit of the U.S. Attorney's Office in Massachusetts, joined Quinn Emanuel as a partner based in Boston and New York on Monday, where he expects to focus on white collar crime, investigations and litigation.
The 1,000-attorney litigation-oriented firm has been growing in Boston in recent years. It has 40-plus lawyers in Boston, including former Acting U.S. Attorney William Weinreb, who joined its ranks in 2018 as a white-collar defense attorney.
A former Wall Street Journal and CNBC financial news reporter, Frank has spent the last 16 years working as a federal prosecutor first in Brooklyn and later Boston.
There, he pursued cases against business executives and others that at times tested the reach of federal bribery and fraud laws. Frank said the office's goal was to show "there was no reason Boston needed to be a backwater in terms of prosecuting white collar crimes."
"We felt that the investigators and prosecutors in this district were as good as any in the country and there was no reason we couldn't be as ambitious about bringing cases that would have an impact as any other district," Frank said.
Most famous of those investigations was the Varsity Blues probe, in which more than 50 executives, celebrities, coaches and others pleaded guilty to engaging in a vast scheme in which wealthy parents sought to secure spots for their children at selective universities through fraud, bribery and cheating.
Frank oversaw the probe as chief of the unit and personally handled the sentencing last year of the fraud's mastermind, William "Rick" Singer, a college admissions consultant who was sentenced to 3-1/2 years in prison.
Frank also led the trial teams that secured convictions in the first two trials to result from the probe, one involving two parents, private equity executive John Wilson and former casino executive Gamal Aziz, and the other involving a former University of Southern California water polo coach, Jovan Vavic.
Those convictions were in the parents' case largely overturned on appeal and in the coach's case set aside by the trial court judge, though a federal appeals court last week appeared open to potentially reversing the ruling in Vavic's case.
Frank was also the lead prosecutor in the case of Vladislav Klyushin, a Russian businessman who was sentenced last year to nine years in prison for participating in a $93 million insider-trading scheme involving hacking secret earnings information about multiple companies.
Klyushin was subsequently included in August in the massive prisoner swap between Russia and the West of 24 prisoners.
Other matters Frank prosecuted include the case of a former State Street executive convicted of overcharging bank customers; a bribery case involving former employees of the proxy solicitation firm Georgeson; and a real estate developer convicted of insider trading.
免責聲明: XM Group提供線上交易平台的登入和執行服務，允許個人查看和/或使用網站所提供的內容，但不進行任何更改或擴展其服務和訪問權限，並受以下條款與條例約束：（i）條款與條例；（ii）風險提示；（iii）完全免責聲明。網站內部所提供的所有資訊，僅限於一般資訊用途。請注意，我們所有的線上交易平台內容並不構成，也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。
所有缐上交易平台所發佈的資料，僅適用於教育/資訊類用途，不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議，或是交易價格紀錄，或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。
本網站的所有XM和第三方所提供的内容，包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接，皆爲‘按原狀’，並作爲一般市場評論所提供，而非投資建議。請理解和接受，所有被歸類為投資研究範圍的相關内容，並非爲了促進投資研究獨立性，而根據法律要求所編寫，而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊，相關詳情請點擊 這裡查看。
