Alexander rich Burns built a portfolio of businesses in his mid-20s . Enjoyed private cigar clubs and would attend the best restaurants . Financier facing financial questions following a robbery at a hotel . He later resigned from a company he founded , liberty insurance . Regulators say he siphoned off millions of insurance holdings and replaced them with worthless assets .
Alexander Chatfield Burns built a portfolio of businesses in his mid-20s . Enjoyed private cigar clubs and would attend the best restaurants . Financier facing growing questions following a stay at Bellevue Hospital . He later resigned from a company he founded , Southport Lane . Regulators say he siphoned off millions of insurance holdings and swapped them with worthless assets .