UPDATE 3-Partner at N.Y. boutique bank PJT accused of securities fraud
March 28, 2016 at 19:15 PM EDT
NEW YORK, March 28 (Reuters) - A former partner at a unit of boutique investment bank PJT Partners Inc has been arrested on charges that he stole $25 million from investors and tried to fraudulently obtain $70 million more, U.S. prosecutors said on Monday.