Age, Biography and Wiki
Robert E. Brennan was born on 1944 in Hounsfield, New York, U.S., is a businessman. Discover Robert E. Brennan's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 79 years old?
| Popular As |
N/A |
| Occupation |
Certified public accountant, stockbroker, racetrack owner, racehorse owner |
| Age |
N/A |
| Zodiac Sign |
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| Born |
1944, 1944 |
| Birthday |
1944 |
| Birthplace |
Hounsfield, New York, U.S. |
| Nationality |
United States |
We recommend you to check the complete list of Famous People born on 1944.
He is a member of famous businessman with the age years old group.
Robert E. Brennan Height, Weight & Measurements
At years old, Robert E. Brennan height not available right now. We will update Robert E. Brennan's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
| Family |
| Parents |
Not Available |
| Wife |
Not Available |
| Sibling |
Not Available |
| Children |
3 |
Robert E. Brennan Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Robert E. Brennan worth at the age of years old? Robert E. Brennan’s income source is mostly from being a successful businessman. He is from United States. We have estimated
Robert E. Brennan's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
$1 Million - $5 Million |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
businessman |
Robert E. Brennan Social Network
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| Wikipedia |
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Timeline
In 2001 Brennan was found guilty of money-laundering and bankruptcy fraud and sentenced to a prison term of nine years and two months. On appeal, in 2003 the sentence was upheld. Brennan served part of his sentence at the Fort Dix Federal Correctional Institution in Fort Dix, New Jersey. He was released on January 14, 2011, from Fort Dix and was sent to another less harsh prison until July which is when he was released.
Brennan also built and owned the Due Process Stable Golf Club in Colts Neck Township, New Jersey, where he lived until his arrest in 2001.
Brennan declared bankruptcy in 1995 but committed another fraud when he did not declare all of his assets to the court. Brennan withheld from the bankruptcy court that he held $500,000 in casino chips that he had purchased (and later cashed out of after his bankruptcy) and $4 million in municipal bonds he kept in his basement. He then directed an associate to liquidate the bonds overseas and invest them in stocks, which netted him $16 million in ill-gotten gains.
As a result of this penny stock scheme, Brennan became a target of the Securities and Exchange Commission. First Jersey itself went bankrupt in 1987 and Brennan was found guilty of securities fraud in 1994. He was ordered to pay $75 million to settle the fraud claims.
International Thoroughbred Breeders, Inc., a publicly held company founded and chaired by Brennan, financed the reconstruction of Garden State Park race track in Cherry Hill, New Jersey after it was taken out by a 1977 fire. The grandstand reopened in 1985, closed in 2001, was demolished, and the property redeveloped. Brennan also owned and raced Thoroughbreds under the name Due Process Stable. The best known of his horses were Eclipse Award winners Deputy Minister and his son Dehere, who was bred by Brennan.
Robert Emmet Brennan (born 1944) is an American businessman and former accountant who built the infamous penny stock brokerage firm, First Jersey Securities. The firm specialized in promoting "Pump and dump" penny stocks to unsuspecting investors, many of them elderly, who lost their entire investments when the stocks inevitably crashed.
