Daniel Cosgrove Burrell, a former senior adviser to John Kerry’s 2004 presidential campaign with ties to Hunter Biden, was arrested in Nantucket on Friday under a fugitive-from-justice warrant issued in Las Vegas.
Burrell is accused of writing a $1.5 million bad check to a Las Vegas casino. Yikes!
Court records show he was charged with intent to defraud, theft, and obtaining funds by false pretenses.
The arrest followed a series of legal issues for Burrell, who has faced mounting financial troubles. Just a day before his arrest, Burrell’s $12.5 million Nantucket mansion was sold at a foreclosure auction.
Burrell also faces lawsuits in Colorado, where he owes millions to various banks, including $18 million to Alpine Bank. His debts allegedly financed his divorce, the purchase of a yacht, and multiple luxury properties across several states.
Burrell, who once held prestigious roles in politics and finance, worked in the Clinton administration before joining John Kerry’s campaign.
He later became a partner at Rosemont Capital, a firm with ties to Hunter Biden, and served as the CEO of Rosemont Realty, overseeing real estate developments nationwide.
In addition to his political and business career, Burrell founded for-profit medical schools and other ventures.
From the DailyMail:
‘My understanding is he was picked up today on an arrest warrant out of Nevada where he is owing money, presumably on these casino markers, to a casino in Las Vegas,’ Andrew Fritz, Burrell’s Nevada attorney, told Nantucket Judge James M. Sullivan after the arrest,
Appearing in court remotely, the jurist noted the case had been assigned to Las Vegas Justice Court, and revealed how he will be representing Burrell during hearing slated for later this week in front of a judge.
He added how prior to Friday’s arrest, he had requested the court to recall the warrant, offering a ‘Good faith payment to get things moving’.
Fritz said the court didn’t say no to the offer, which he said was tentatively pegged at $50,000.
Instead, officials replied by reiterating they wouldn’t recall the warrant until they had received a ‘good, safe payment of some sort’, one that never went out as a litany of banks file suit against the investor who once ran a firm linked to Hunter Biden.
His bail was thus set at $10,000, spurring Fritz to ask Sullivan if he could post his bail by check rather than cash due to ‘it is 10 past four and the banks [being] closed,’ he said.
Sullivan said they could, but said the court would have to hold Burrell until the check was brought to the courthouse and verified.
He did so with the anticipation that Burrell, believed to be worth millions, ‘is going to post’.
‘Then we’ll continue the case out for 60 days,’ Sullivan said.
ADVERTISEMENTDespite claiming he could post bail, Burrell came up short in his effort to secure the money.
He was thus held overnight at the Nantucket Police Department, before being cut lose and told to return to Nevada within 60 days to face the music.
This was offered by Sullivan in lieu of extradition, ahead of a hearing slated for November 18 where the status of Burrell’s legal matters – in only Nevada – will be reviewed.
Meanwhile, the man who once described Kerry as ‘an incredible mentor’ has cases – and homes – in several other states as well.
This includes a complaint filed by First Western Trust Bank in November of 2023, while alleges that Burrell owes them some $56million in business and construction loans he defaulted on.
Months later, in April 2024, another case against Burrell emerged, this one brought by Alpine Bank.
It alleged he owed $18 million on an $18.5 million loan that was issued in 2021 – spurring another online foreclosure auction for one of Burrell’s properties in Aspen, Colorado, after he pledged it as collateral against the $18.5 million loan.
Alpine made the only bid at $24.6million, as Bank of America has too filed suit against Burrell for unpaid loans.
ADVERTISEMENTThe suit claims the former member of US President Bill Clinton’s administration owes them just under $4.5million, as photos taken by the Nantucket Current showed him being led away in handcuffs on Friday.
He served as a member of Clinton’s Domestic Policy Council from 2000-2001, before becoming a senior advisor to John Kerry in his 2002 Senate re-election and 2004 presidential campaign against George W. Bush.
Burrell went on to advise several congressional and state races across the country, before ascending to the post of partner at Rosemont Capital, a New York based equity firm
He then served as the CEO of Rosemont Realty, a Santa Fe-based commercial real estate firm that is an offshoot of the New York company. It
While there from 2009-2013, he oversaw the construction of 173 office buildings in 25 states, and raised $575 million.
The firm had ties to President Joe Biden’s first son Hunter Biden, who served on Rosemont’s advisory board.
A prominent investor who has worked with some notable Democrats has been arrested on a warrant out of Las Vegas.
Daniel Burrell, 45, was cuffed in Massachusetts late Friday morning, hours after one of many mansions he owns sold at a foreclosure auction on Thursday for… pic.twitter.com/WnUiCSumts
— Melissa Hallman (@dotconnectinga) September 24, 2024
Daniel Burrell, former John Kerry presidential campaign advisor, arrested on Nantucket https://t.co/mTmVlgDAU3 via @BostonGlobe
— Jon Nicosia (@NewsPolitics) September 23, 2024
Burrell was taken into custody on $10,000 bail and is no longer considered a fugitive.
Illegal aliens get released all the time. Why not him?
— Ultra-MAGA – Corporate America Survivor (@Sean_in_Boston) September 23, 2024
Burrell is expected to appear in court later this week to address the charges against him.
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