State of New York Settles With Morgan Stanley Over Hip-Hop Money Manager’s Abuses
New York’s Attorney General Eliot Spitzer announced a settlement with investment bank Morgan Stanley after the company came under scrutiny for fraud, when one of its brokers defrauded 15 customers out of $740,000.Gabriele Tamar Smith, who counted DJ Clue, Fabolous, Kevin Liles and other Hip-Hop stars and executives as clients, ran Premier Business Management L.L.C. […]