U.S. DoJ, SEC Och-Ziff Fraud, FCPA

On Jan. 3, 2018, DoJ charged Michael Cohen, for scheme to defraud charitable client.


  • When recommending investments in African mining sector, to a charitable foundation.
  • Violated fiduciary duties to charity, by making misrepresentation, concealing conflicts.
  • One mine seller, owed Cohen millions of dollars, on a delinquent $18mn personal loan.
  • Cohen had made the loan to one of the sellers to finance the purchase of luxury yacht.
  • To conceal scheme, Cohen conspired to cover up facts after SEC) began investigations.