SEC Sues Fund Chief To Halt $14M Ponzi Deal
In a suit filed in the U.S. District Court for the District of Minnesota, the SEC accused Connecticut hedge fund manager Marlon Quan of funneling millions of dollars to Ponzi schemer Thomas Petters through Acorn and SIA between 2001 and 2008.
The suit seeks to block Acorn's successor Asset...
Already a subscriber? Click here to login