Owner of Investment Firm that Managed Over $1 Billion in Assets Arrested in Federal Case Alleging He Defrauded Investors
The feds arrested Brendan Ross, 47, founder and CEO of Direct Lending Investments, LLC (DLI), an investment firm that specializes in debt instruments on federal charges alleging he falsified financial records to fraudulently inflate the value of the funds he managed, allowing him to charge investors millions of dollars in unauthorized fees. …