Lavish Spending OK'd As Evidence In $4M NJ Fraud Trial

By Bill Wichert (January 24, 2018, 7:51 PM EST) -- A hedge fund owner accused of stealing $4 million from investors lost his bid Wednesday to keep out trial evidence that he allegedly spent victims' funds on luxury items, after a New Jersey federal judge rejected his claims that such material is irrelevant and would unfairly prejudice jurors....

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