Financier Amanat’s Brother Added to Securities Fraud Case

December 5, 2016, 9:01 PM UTC

Financier Omar Amanat’s brother was accused Dec. 5 of participating in a fraud scheme to hide trading losses and divert millions in investor funds (United States v. Tuzman).

Irfan Amanat’s arrest, by the FBI at 6 a.m. in New Jersey, is the latest in a case that resulted in charges against Omar Amanat and five others in July11 WCR 584, 7/22/16.

Prior to his arrest, Omar Amanat had achieved some acclaim as a stock brokerage entrepreneur, Hollywood investor and New York society regular. He founded a pioneering day-trading company, Tradescape Corp., and secured producer credits on ...

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