But Streeter successfully argued the government's case that Dreier could have squirreled away substantial assets overseas.
Dreier was in contact with partners at the firm last week, according to the court documents.
Dreier led an opulent, jet-setting life by most reports, with several homes and a 120-foot yacht.
The attorney, Gerald Shargel, has said Dreier would work with the receiver to help recover assets.
Kovachev answered the hedge fund employees' questions about financial records Dreier had produced.
As the building emptied, I ran into David Dreier, a California Republican who was retiring from Congress after thirty-two years.
Congressman Dreier suggested that the Tea Party may not have a lasting presence, because it has no particular leadership itself.
In the prosecution's case against Dreier, one of the allegations is that he fabricated financial statements as part of his scheme.
Dreier, the only equity partner, is the only person authorized to make transfers from the escrow accounts, according to court documents.
Pomerantz said in court documents that the Dreier firm's creditors, attorneys and clients are demanding payments and attempting to seize property.
The 8-week filming of the documentary was done while Dreier was on house arrest prior to his arrival to federal prison.
Kovachev also is alleged to have put Dreier in contact with a third hedge fund about a transaction involving the promissory notes.
He learned of Dreier's arrest on Dec. 3 and, through a lawyer, contacted the Federal Bureau of Investigation and the U.S. attorney.
Court documents don't identify the company by name, but it is widely believed to be Solow Realty, once one of Dreier's biggest clients.
The conference call was placed to a number in a conference room at the Connecticut office of Dreier's law firm, court documents say.
Congressman Dreier, sounding like the politician he is but also like the extremely thoughtful person he is, basically said, all of the above.
Kosta Kovachev, a former broker registered with NASD, was charged with aiding Dreier in the sale of false promissory notes to unwitting hedge funds.
Even then, his lawyer argued, Dreier left the U.S. a few times and came back, compelling evidence that he was not a flight risk.
Canadian law enforcement arrested Dreier last week alleging he impersonated the senior counsel of a major Canadian pension fund to effect a similar scheme.
Perhaps more alarming to Dreier's former law partners is the disappearance of tens of millions in client escrow funds from accounts controlled by Dreier.
David Dreier, one of the leading Republican supporters of the bill, says he reckons that 150 members of his party will vote for it.
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In a second meeting with another hedge fund in October, Kovachev posed as the developer's chief executive officer, prosecutors allege, on a conference call arranged by Dreier.
With his firm in tatters and his U.S. property to be seized--and with overwhelming evidence against him--Dreier had nothing to lose by skipping out of the country, he said.
On top of that, employees and partners of the Dreier law firm learned last week that tens of millions were missing from client escrow accounts and other firm accounts.
There were just two panelists, Jack Pitney, a political science professor at the college, and David Dreier, a Republican congressman who graduated from it and represents its California district.
Kovachev allegedly posed as an executive of a New York real estate developer as Dreier tried to convince investors to purchase fake notes purportedly issued by that developer, prosecutors say.
Even earnest Dreier (whose house was furnished in this style) seems to have realized the impracticality of her vision: that there were far more Brooklynites than modern masters could accommodate.
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Prosecutors have expanded their investigation of prominent New York attorney Marc Dreier, uncovering hundreds of millions more of missing funds in what they characterize as an "extraordinary" fraud played out over two years.
Dreier, a Harvard and Yale-educated litigator with a roster of celebrity clients at the 238-attorney firm he founded in 1996, is a "Houdini of impersonation and false pretenses, " Streeter said at Thursday's bail hearing.
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