Crooked Fund CEO Demoted Me, Finance Pro Tells Jury

Law360, New York (June 13, 2019, 4:37 PM EDT) -- A career finance pro told Manhattan jurors Thursday that the CEO of Premium Point Investments became angry and demoted him when he complained about what he called rampant overvaluing of mortgage-debt assets at the now-bankrupt hedge fund.

Jim Nimberg pointed the finger at Anilesh "Neil" Ahuja while testifying under an immunity agreement at a criminal trial before Manhattan U.S. District Judge Katherine Polk Failla that began June 5 and is expected to last at least a month.

Ahuja, along with former Premium Point trader Jeremy Shor, is on trial for allegedly marking up the fund's real estate debt products from 2014...

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May 7, 2018

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