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- In 2016, Richard Stadtmauer, Seryl Kushner, and a Hebrew day school, loaned nearly eight million dollars the Platinum Partners Hedge Fund. Platinum Partners was probed for a kickback scam, and other financial crimes.
- After getting the nearly 8 million dollars, Platinum Partners co-founder, Murray Huberfeld, got arrested for bribing Norman Seabrook, head of the New York City Prison Union
- Norman Seabrook was also arrested.