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Private Equity COO risks it all then prison: The Mark Varacchi Story

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Manage episode 465596339 series 3645389
Content provided by brent cassity and Brent cassity. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by brent cassity and Brent cassity or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

It has been said that success on Wall Street can become intoxicating. Mark Varacchi, a 20 year former hedge fund executive, shares his story of how he went from success to standing at the gates of prison. He took responsibility for his actions after building systems and processes identifying flaws and risks in those systems, which eventually led to his downfall. Those skills were clearly used when circumventing multiple processes and systems in order to commit his crimes of Securities and Wire Fraud. Mark now speaks about his experiences and expertise to compliance professionals and financial investigative organizations. He discusses the guilt and fear he experienced during the investigation and the long wait for his sentencing. Living in years of limbo before going to prison was a form of punishment in itself. Mark Varacchi shares his experiences of going to prison and his journey of reentry. He discusses the challenges he faced, the support he received, and the lessons he learned. Mark emphasizes the importance of relationships and experiences over material possessions. He also talks about his passion for helping others navigate the criminal justice system and his work as a federal prison consultant. His company is called Federal Prison Consultancy. Mark's story highlights the power of resilience, personal growth, and finding purpose after adversity. Show sponsors: White Collar Support Group prisonist.org START HERE, Autoplazadirect.com "Your personal car concierge."

  continue reading

176 episodes

Artwork
iconShare
 
Manage episode 465596339 series 3645389
Content provided by brent cassity and Brent cassity. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by brent cassity and Brent cassity or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

It has been said that success on Wall Street can become intoxicating. Mark Varacchi, a 20 year former hedge fund executive, shares his story of how he went from success to standing at the gates of prison. He took responsibility for his actions after building systems and processes identifying flaws and risks in those systems, which eventually led to his downfall. Those skills were clearly used when circumventing multiple processes and systems in order to commit his crimes of Securities and Wire Fraud. Mark now speaks about his experiences and expertise to compliance professionals and financial investigative organizations. He discusses the guilt and fear he experienced during the investigation and the long wait for his sentencing. Living in years of limbo before going to prison was a form of punishment in itself. Mark Varacchi shares his experiences of going to prison and his journey of reentry. He discusses the challenges he faced, the support he received, and the lessons he learned. Mark emphasizes the importance of relationships and experiences over material possessions. He also talks about his passion for helping others navigate the criminal justice system and his work as a federal prison consultant. His company is called Federal Prison Consultancy. Mark's story highlights the power of resilience, personal growth, and finding purpose after adversity. Show sponsors: White Collar Support Group prisonist.org START HERE, Autoplazadirect.com "Your personal car concierge."

  continue reading

176 episodes

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