PJT's Andrew Caspersen Charged by U.S. for Fraud Scheme 

PJT's Andrew Caspersen Charged by U.S. for Fraud Scheme 

Assessment

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Business, Social Studies

University

Hard

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The transcript discusses a fraud case involving Park Hill Group, a part of PJT Advisors, where an employee allegedly defrauded investors of $95 million by setting up a special purpose vehicle. The fraud was discovered in March, leading to the employee's dismissal and an investigation by PJT, the New York Attorney General, and the SEC. The case has impacted PJT's shares and raised questions about Blackstone's involvement. The investigation aims to identify investors and recover funds.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role did Park Hill Group play in the financial sector?

They were involved in manufacturing.

They helped raise money for hedge funds and private equity firms.

They were a law firm.

They specialized in real estate.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the alleged method used by the individual to commit fraud?

He hacked into bank accounts.

He set up a fake company.

He created a special purpose vehicle and false email addresses.

He manipulated stock prices.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the impact on PJT shares following the fraud allegations?

They were very much affected.

They increased significantly.

They remained stable.

They were unaffected.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is currently involved in the investigation of the fraud case?

Only PJT Advisors.

The New York Attorney General's office and the SEC.

Only Blackstone.

The FBI.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main concerns in the ongoing investigation?

The expansion of PJT Advisors.

The future of Park Hill Group.

The involvement of international banks.

The identity of the investors and the recovery of funds.