David Rafael Bergstein was born on 1962 and is an American former financier and film producer.
13 Facts About David Bergstein
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David Bergstein started his career in real estate development before opening a business advisory firm focused on distressed assets and high-growth companies.
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David Bergstein branched out into independent film production between 2003 and 2010.
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In 2016, Bergstein was arrested on charges of defrauding $26 million from investors.
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David Bergstein was found guilty in 2018 and sentenced to eight years in prison.
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David Bergstein was born in Brooklyn, New York and grew up with his father Leonard David Bergstein, an engineering professor, inventor and Holocaust survivor.
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David Bergstein later attended the Benjamin N Cardozo School of Law.
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David Bergstein later founded the Cyrano Group, a private equity and advisory firm, where he was CEO.
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David Bergstein took an advisory role in the sale of Miramax in 2010 to an investor group that included his partner, Ron Tutor.
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In 2012, David Bergstein sued the owners of Miramax alleging they had reneged on paying him a $6.1 million fee and a 3.33 percent stake as compensation for his role in the acquisition; the litigation ended two weeks later when David Bergstein and Miramax reached a settlement.
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On November 9,2016, David Bergstein was arrested at his Hidden Hills, California home after being indicted for fraud, and was convicted by a Federal jury on March 1,2018, of defrauding investors out of $26 million.
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In June 2018 David Bergstein was sentenced to eight years in prison and ordered to pay a $250,000 fine.
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David Bergstein is a featured contributor for Huffington Post, the Times of Israel, the Algemeiner online newspaper, and other periodicals.