I was a client of Neuberger Berman/Lehman for several years. Francis Fraenkel, their Managing Director, was my financial manager.
In March he expressed open intent to lose $1 Million.
During that time my portfolio was consistently diminishing in value, $3 million loss. He made $4 million worth of transactions per year. He kept a large amount of cash in my account, making serious violations. He traded large amounts of securities without depositing the necessary money into my account. He engaged in free riding schemes using my money.
My other account at Neuberger Berman with Ridge Outsourcing Solutions only made $4,225 in 2009.
Francis Fraenkel refused to explain any violations.instead we started being subjected to Illegal Surveillance, Intimidation, Violent Threats, Conspiracy and Physical Abuse around the globe.
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