SEC Freezes Hedge Funder's U.K. Assets In Fraud Suit

Law360, New York (May 20, 2008, 12:00 AM EDT) -- U.K. authorities have agreed to freeze approximately $1 million in assets belonging to a British resident accused of running a fraudulent hedge fund operation based in Boston, the U.S. Securities and Exchange Commission announced Monday.

The High Court of Justice issued an order freezing the assets of Glenn Manterfield until the resolution of the SEC's suit, filed April 12, 2007, which accuses Manterfield of defrauding investors of millions in an ongoing hedge fund operation.

The SEC alleges that Manterfield and his partner, Evan Andersen, cheated more...
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