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Accused financial fraudster dies before trial

Posted Sep 13th 2009 2:40PM by Tom Johansmeyer (RSS feed)
Filed under: Private Equity, Scandals, Headline News

Danny Pang was accused by federal regulators of defrauding investors of several hundred million dollars. The investors, however, will not realize the full extent of justice they would have preferred, as the 42-year-old financier died Saturday morning.

The police were called to Pang's home at 3:30 AM, and the financier was rushed to Hoag Hospital at Newport Beach, where he was later pronounced dead.

So far, the cause of death is unknown. Supervising Deputy Coroner Larry Eslinger has scheduled an autopsy for Sunday, though.

Continue reading Accused financial fraudster dies before trial

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Last updated: February 13, 2012: 05:54 PM

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