Gulf Atlantic Capital Values Forfeited Assets
in $292 Million Bank Fraud

  • New York, New York $292,000,000

    Gulf Atlantic Capital served as Financial Advisor to the senior lenders in valuing the forfeited assets and directing efforts to monetize the assets.

    GulfAtlanticCapital PRIVATE INVESTMENT BANKERS corporation
  • Gulf Atlantic Capital was retained by a group of leading financial institutions victimized in a $292 million fraud perpetrated by Hassan Nemazee to evaluate the assets seized by the U.S. Marshall's office.
  • Assets included oil and gas firms, oil field service entities, brokerage firms, foreign hedge fund investments, private equity fund investments and a timeshare interest in a luxury yacht.
  • Advising the banks regarding the values and liquidation strategies for a wide range of closely held stocks, partnerships and other business interests.