Paul Bilzerian
Paul Bilzerian | |
|---|---|
Paul Bilzerian in 2008 | |
| Born | Paul Alec Bilzerian 1950 (age 75–76) |
| Alma mater | |
| Occupation | Businessman |
| Title | President of Singer Corporation (1988–89) |
| Criminal charges | Convicted of nine counts including criminal conspiracy, making false statements, securities fraud, tax fraud, and securities law violations. |
| Criminal penalty | Sentenced to four years in prison and a fine of $1.5 million. |
| Spouse |
Terri L. Steffen (m. 1978) |
| Children |
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Paul Alec Bilzerian (born 1950) is an American-Armenian businessman and former corporate takeover specialist. For two years, while he owned a controlling stake, he was the chairman and CEO of Singer Corporation. In 1989, he was convicted on nine felony counts of federal crimes, including criminal conspiracy, making false statements, securities fraud, tax fraud, and securities law violations, and sentenced to four years in prison and a fine of $1.5 million.
He also lost a civil lawsuit to the SEC. In 2024, the Wall Street Journal reported that Bilzerian had "been on the run from the Securities and Exchange Commission for so long [31 years] that he now owes the agency $180 million with interest."