Clik here to view.
The Hedge Fund Manager On The FBI’s Most Wanted List
New York (HedgeCo.Net) – Florian Wilhelm Jürgen Homm, a German hedge fund manager who was on the run for more than five years, is wanted by the FBI for his alleged involvement in a market manipulation...
View ArticleClik here to view.
SEC: Brokerage Firm Worked With A Hedge Fund To Hide $45 Million
New York (HedgeCo.Net) – Hedge fund manager Nikolai Battoo is again under investigation, this time for his inappropriate business dealings with Bahamas-based brokerage firm Alliance Investment...
View ArticleClik here to view.
Hedge Fund Trader Mathew Martoma Gets 9 Years Behind Bars
New York (HedgeCo.Net) – Former SAC Capital trader Mathew Martoma has been sentenced to nine years in prison for his part in a scheme involving an Alzheimer’s Disease drug trial to make his hedge fund...
View ArticleClik here to view.
Hedge Fund Manager & Accomplice Charged With Portfolio Pumping
New York (HedgeCo.Net) – Minneapolis-based hedge fund manager Steven R. Markusen and an accomplice Jay C. Cope have been charged by the SEC with bilking investors in two hedge funds out of more than $1...
View ArticleClik here to view.
Former Money Manager Charged With Stealing Hedge Fund Fees
New York (HedgeCo.Net) – Former hedge fund manager Sean C. Cooper has been accused of fraudulently taking excess management fees from the accounts of investors, the SEC reports. An investigation found...
View ArticleClik here to view.
Texas Tycoon To Pay Up To $4 Million In Fines
New York (HedgeCo.Net) – Defendant Sam Wyly and the estate of his now deceased brother Charles Wyly, have been ordered to pay disgorgements that could reach $400 million, potentially bankrupting the...
View ArticleClik here to view.
Two Florida Men Charged With Looting Their Own Hedge Fund
New York (HedgeCo.Net) – Robert Buckhannon and Terry Rawstern have been arrested by the FBI for attempting to steal from the 2 Florida hedge funds they ran, NBC reports. They could each spend up to 30...
View ArticleClik here to view.
Hedge Fund Manager Charged With Lying To Investors Over Madoff Losses
New York (HedgeCo.Net) – Former hedge fund manager Nikolai Battoo has been ordered to pay more than $358 million in a SEC lawsuit stemming from million in losses Battoo hid from investors. “This is an...
View ArticleClik here to view.
FBI Allege $311 Million Global Hedge Fund Fraud Scheme
New York (HedgeCo.Net) – Two business associates in the hedge fund management industry have been charged by the FBI with defrauding institutional investors and causing collective losses of more than...
View ArticleClik here to view.
Staten Island Man Charged With Running A Fake Hedge Fund
New York (HedgeCo.net) – Staten Island resident, Anthony Coronati, an investment adviser to a fictitious hedge fund that he claimed would invest in equity securities, has been charged by the SEC with...
View ArticleSEC Charges New Jersey-Based Hedge Fund Manager with Insider Trading
New York (HedgeCo.Net) – The Securities and Exchange Commission filed insider trading charges against a New Jersey-based hedge fund manager who allegedly used material, nonpublic information to trade...
View ArticleClik here to view.
‘Black Diamond’ Ponzi Scheme Leads To Jail For 3 Hedge Fund Managers
New York (HedgeCo.Net) – Three hedge fund managers have been arrested in connection with a $40 million investment fraud conspiracy. Jeffrey Toft of Sioux Fall, S.D., was sentenced to 66 months in...
View ArticleClik here to view.
Hedge Fund Manager Fined $840,000
New York (HedgeCo.Net) – Former hedge fund manager Rajarengan “Rengan” Rajaratnam has been ordered to pay more than $840,000 and was warned against committing future violations of the federal...
View ArticleClik here to view.
California Hedge Fund Founder Denied Re-Trial
New York (HedgeCo.Net) – San Francisco hedge fund founder Doug Whitman has been denied a new trial on his insider trading case which earned him two years in jail, the WSJ reports. Whitman was sentenced...
View ArticleClik here to view.
Hedge Fund Managers Get Hefty Jail Sentence
New York (HedgeCo.Net) – NY attorney Preet Bharara has announced that Stephen Walsh and Paul Greenwood, co-founders of hedge fund advisory and investment company, WG Trading Company, and WG Trading...
View ArticleBuffalo Hedge Fund Managers Agrees to Settle Charges
New York (HedgeCo.Net) – The Securities and Exchange Commission has filed fraud charges against a Buffalo, N.Y.-based investment advisory firm and two co-owners accused of making false and misleading...
View ArticleClik here to view.
New York Lawyer Charged With Conducting Ponzi Scheme After Being Rescued From...
New York (HedgeCo.Net) – The Securities and Exchange Commission has charged a Manhattan-based attorney with conducting a Ponzi scheme that defrauded some of his legal clients as well as close family...
View ArticleClik here to view.
Former Citadel Employee Arrested for Theft of Hedge Fund Trade Secrets
New York (HedgeCo.Net) – A young science engineer whippersnapper, Yihau Pu, also known as “Ben” has been sentenced to three years in federal prison, the Chicago Tribune reports. The prosecution said he...
View ArticleClik here to view.
SEC Charges Investment Adviser and Manager in South Florida-Based Fraud
New York (Hedgeco.Net) – The Securities and Exchange Commission has announced fraud charges and an asset freeze against a Fort Lauderdale, Florida-based investment advisory firm, its manager, and three...
View ArticleClik here to view.
Weavering Hedge Fund Boss Gets 13 Years In Jail
New York (HedgeCo.Net) – After a long and drawn out trial regarding the collapse of the UK’s largest hedge fund, Weavering, which went down in 2009 with more than $530m of losses, founder Magnus...
View Article
