Former Chairman and CEO of Mayfair Capital Group, LLC Pleads Guilty in Manhattan Federal Court to $5.75 Million Fraud
PREET BHARARA, the United States Attorney for the Southern District of New York, and JOSEPH F. DEMAREST, JR., the Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation ("FBI"), announced that STEPHEN R. GREEN, former Chairman and CEO of Mayfair Capital Group ("Mayfair Group") and former Founder and Chairman of NoonMark Advisors, LLC, which GREEN managed in Manhattan, pleaded guilty today to fraud charges related to his misappropriation of over $5.75 million from investors for his own use. GREEN, 46, of Locust Valley, New York, entered his guilty plea today before United States District Judge JOHN G. KOELTL in Manhattan federal court. According to the Information to which GREEN pleaded, the criminal Complaint previously filed in this case, and statements made during the guilty plea proceeding: