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 $12,525,000.
The four-bedroom home is located on Nantucket island, the same place where Burrell was arrested for allegedly writing a bad check to a casino for $1.5million. He reportedly owns two other properties there as well.
Burrell served as senior advisor to John Kerry during his presidential campaign in 2004, but was branded a fugitive after allegedly defaulting on over $75million in bank loans he used to pay off a divorce, buy a yacht, and purchase homes.
Among them was the recently sold property. A day after, Burrell was in handcuffs and ankle shackles in Nantucket District Court on the phone with relatives asking for $10,000 for bail. The Yale-educated financier, as of writing, failed to make bail.
Daniel Burrell, 45, was cuffed in Massachusetts late Friday morning after writing a bad check to a Las Vegas casino for $1.5million
His arrest hours after one of many mansions he owns sold at a foreclosure auction on Thursday, selling for $12,525,000
‘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’.
Burrell is seen here with now ex wife Nikola at a 2023 event in Aspen, where he also owns several properties. The pair split in the months since, before Burrell was branded a fugitive after allegedly defaulting on over $75million in bank loans he used to pay off the divorce
‘Then we’ll continue the case out for 60 days,’ Sullivan said.
Despite 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.
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 in 2021 – spurring another foreclosure auction for one of Burrell’s properties in Aspen, (seen here) after he pledged it as collateral
Alpine made the only bid at $24.6million, as Bank of America has too filed suit against Burrell for unpaid loans.
The 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.
He served as a member of Bill Clinton’s Domestic Policy Council from 2000-2001, before becoming a senior advisor to John Kerry in his 2002 Senate re-election and ill-fated presidential campaign. The pair are pictured together at a black-tie event in 2013
In the years since, Burrell also founded several for-profit osteopathic medical schools, scattered across Idaho, New Mexico, and Florida.
He also founded The Burrell Group, which according to its LinkedIn, is ‘a portfolio of individual privately held companies that focuses on medication education, behavioral sciences, financial services, commercial and residential real estate… in partnership with public and private universities, security and life safety systems.’
In addition to allegedly using money obtained under false pretense for his divorce, Burrell – who has five children – bought multiple mansions, many of which are being used as collateral and are at risk of being foreclosed.
They can be found scattered across Colorado, Massachusetts, Florida and New Mexico, and all are priced well into the millions.
Two of his children from his first marriage with jewelry magnate Katherine Jetter are currently in college, while his third child with Jetter just set off to school this year.
He also has two kids with Nikola, one of whom is attending a boarding school in Boston. The other lives at home with his mom.
As of writing, Burrell – who also worked as a contributor to The Huffington Post – is no longer considered a fugitive, as he continues to address his cases.
