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Danny Pang (), (December 15, 1966 – September 12, 2009) was an American businessman, financier, and fraudster. He ran the Private Equity Management Group, Inc. and Private Equity Management Group, LLC (PEMGroup) which claimed to manage $4 billion. The funds were invested mainly on behalf of Taiwanese investors, in American securities, timeshare properties, and insurance policies. He was arrested by the FBI on April 28, 2009 for structuring cash transactions to avoid a $10,000 reporting threshold, which has a maximum ten-year prison sentence. The U.S. Securities and Exchange Commission in a civil suit alleged that he ran a Ponzi scheme and misreported his background to investors, by claiming that he had been a vice-president at Morgan Stanley and had an MBA degree from the University of California at Irvine. The SEC announced on April 27 that it had obtained a freeze on the assets of Pang and his two firms, as well as an order to turn in his passports. His former partner, Nasar Aboubakare, has also claimed in a lawsuit that the firm was a Ponzi scheme. Pang was confined to his house on bail. His criminal trial had been delayed until August 18, 2010. He died on September 12, 2009 at a Newport Beach, California, hospital. Details about the Pang's fraudulent life were discussed in the TV series American Greed. In particular, he was featured in the season 5 episode: "The Fraudster, The Ex-Stripper And The Missing Millions". ==Personal life== Pang was born in Taiwan where he attended the prestigious Lih Jen International Private Elementary and Middle School.〔 He moved to the U.S. as a teenager, becoming a citizen in 1990. He last lived in Newport Beach and previously lived in Villa Park, also in Orange County. His father currently lives in the Villa Park house. In 1986 he attended the University of California, Irvine during the summer session. According to the Wall Street Journal, he became a student leader at the university, being elected chairman of the Asian Pacific Student & Staff Association in 1988-89, despite not being enrolled at the time. In 1997 he left a senior position at a venture capital firm, amid accusations of a $3 million theft from an escrow account. Later in 1997, his first wife, ex-stripper Janie Louise Pang, was murdered in the Villa Park house, possibly by a contract killer, after she took steps toward a divorce.〔〔 A lawyer who had worked for Danny Pang was arrested for the murder, but his trial resulted in a hung jury. Pang was on a business trip during the murder, but invoked his Fifth Amendment rights to avoid testifying at the trial. At the trial, the defense presented a police and Federal Bureau of Investigation memo suggesting that Pang had ties to Taiwanese organized crime. Pang said he had no ties to his wife's murder or to organized crime ties.〔 He later remarried. Pang had 2 children. The eldest is Danny Jr. from his first marriage with Janie Louise (née Beuschlein). The younger one is a daughter from his 2nd marriage. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Danny Pang (financier)」の詳細全文を読む スポンサード リンク
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