CNBC Options Action July 13, 2024
[ siren wails ] narrator september 11, 2009 an ambulance races to the posh newport beach, california, home of financier danny pang. He was only 42 and relatively thin. You had to kind of wonder what [ chuckles ]. What was behind this. Mr. Pang was under electronic monitoring, and they saw his bracelet when they took him to the hospital, obviously. Narrator pang, who is on house arrest, is under investigation by the feds, accused of defrauding investors out of nearly a billion dollars. The embattled entrepreneur clings to life overnight, and with his silence comes more questions about his alleg...