![]() The Securities andĮxchange Commission is also taking civil action against Mr. Mattera with one count of conspiracy to commit securities fraud and wire fraud, one count of securities fraud, one count of wire fraud and one count of money laundering. Services, more than $11,000 for tailored clothing and more than $17,000 for “boat-related expenses.” Mattera’s expenses: more than $245,000 for home furnishings and interior design Mattera used millions of dollars of investor money to finance his lavish lifestyle, the complaint alleges. Prosecutors allege the fund didn’t have such investments. That those holdings, bought on the private markets, would surge in value after the companies went public, the complaint said. ![]() Mattera, the head of the Praetorian Global Fund, claimed to own more than a million shares each of Facebook and Groupon, according to a complaint filed in Federal District Court in Manhattan. Mattera, 50, a Florida-based investment manager, was arrested Thursday on charges of running an $11 million, two-year fraud that falsely promised investors access to coveted shares of Groupon, Facebook and other Mattera was arrested in Florida on Thursday. Humphrey Award, he was elected a Fellow of the American Academy of Arts and Sciences in 2004.Palm Beach County Jail John A. A winner of the American Political Science Association’s Hubert H. His most recent books are The Practice of Liberal Pluralism (Cambridge, 2004), Public Matters (Rowman & Littlefield, 2005), and Anti-Pluralism: The Populist Threat to Liberal Democracy (Yale, 2018). ![]() Galston is the author of 10 books and more than 100 articles in the fields of political theory, public policy, and American politics. ![]() A participant in six presidential campaigns, he served from 1993 to 1995 as Deputy Assistant to President Clinton for Domestic Policy. Before joining Brookings in January 2006, he was Saul Stern Professor and Acting Dean at the School of Public Policy, University of Maryland, director of the Institute for Philosophy and Public Policy, founding director of the Center for Information and Research on Civic Learning and Engagement (CIRCLE), and executive director of the National Commission on Civic Renewal. Zilkha Chair in the Brookings Institution’s Governance Studies Program, where he serves as a senior fellow. Galston writes the weekly Politics & Ideas column in the Wall Street Journal. ![]()
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