Mar
28
Private Equity Executive Accused of Faking Investments
By
Andrew Caspersen, center, departing after a hearing in New York on Monday. CreditLucas Jackson/Reuters
A 39-year-old Wall Street executive, Andrew Caspersen came from a life of privilege and opportunity: Groton, Princeton and then Harvard Law School, where the student center is named after his family because of a generous gift from his father.
But the father had a secret that emerged only after he committed suicide in 2009: Finn M.W. Caspersen, a noted financier and philanthropist, was at the time being investigated by federal authorities, suspected of hiding tens of millions of dollars in a tax shelter…
Private Equity Executive Accused of Faking Investments
