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Ex-Morgan Stanley advisor and three others charged with fleecing NBA players out of $13 million


It was a deeply personal foul. A former-Morgan Stanley advisor has been charged with stealing $13 million belonging to six current- and former-NBA players who were his clients, and funneling it into his own pockets and those of a financial advisor, an agent and a convicted fraudster. Darryl M. Cohen, 49, of Chatsworth, California, is […]

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NBA Players Had Millions Stolen by Ex-Morgan Stanley Adviser, Prosecutors Say

yahoo! finance

A former Morgan Stanley investment adviser and three others were charged with defrauding professional basketball players of $13 million, in the latest alleged scheme targeting pro athletes. Federal prosecutors in New York on Thursday charged the former adviser, Darryl Cohen, along with a financial planner, an NBA agent and a former stockbroker in two schemes […]

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Former advisor, financial planner charged with defrauding NBA players


A former Morgan Stanley advisor and a financial planner are among several people facing federal charges in connection with four professional athletes, three of them NBA players, allegedly being defrauded of $13 million. The charges, announced Thursday, are in addition to Securities and Exchange Commission charges against the advisor, Darryl Matthew Cohen, who was fired […]

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SEC Charges Financial Adviser for Misappropriating More Than $1 Million From Current, Former NBA Players

Securities and Exchange Commission

Securities and Exchange Commission v. Darryl Matthew Cohen SEC Complaint The Securities and Exchange Commission today charged Darryl Matthew Cohen, a former investment adviser at a large financial institution, with misappropriating more than $1 million from three current and former NBA players over a period of two and a half years. According to the SEC’s […]

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Financial Advisor, Financial Planner, NBA Agent, And Previously Convicted Fraudster Charged With Schemes To Defraud Professional Basketball Players

Department of Justice U.S. Attorney's Office SDNY

United States of America v. Darryl Cohen, Brian Gilder, Charles Briscoe, and Calvin Darden, Jr. Indictment Four Professional Basketball Players Defrauded of Over $13 Million Damian Williams, the United States Attorney for the Southern District of New York, and Michael J. Driscoll, the Assistant Director in Charge of the New York Field Office of the […]

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