Executive's Bond Is Reduced Pending Appeal Over New Trial For Alleged Securities Fraud

Mealey's (September 28, 2020, 11:12 AM EDT) -- BROOKLYN, N.Y. — In a Sept. 23 docket entry, a New York federal judge reduced a former Platinum Partners executive's bond and removed domestic travel restrictions against him as the government appeals the judge's decision to grant a new trial over allegations of securities fraud in schemes to transfer Platinum Partners' assets to a reinsurance company and related entities to defraud bondholders in an oil and gas company (United States v. Mark Nordlicht, et al., 16-cr-640, E.D. N.Y.)....