US Drops $300 Million Fraud Case That Spotlighted Brian Kahn

Bloomberg

Bloomberg

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June 6, 2026

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US Drops $300 Million Fraud Case That Spotlighted Brian Kahn

US prosecutors dropped a 300 million fraud indictment against a former executive at Prophecy Asset Management accused of working with Brian Kahn, the disgraced founder of Franchise Group Inc., to cheat investors in their hedge fund.

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