Hedge Fund Networker Charged With Securities Fraud

Law360, New York (November 24, 2010, 6:11 PM EST) -- Don Ching Trang Chu, an employee of a purported expert networking firm, was arrested Wednesday for allegedly obtaining insider information from consultants at publicly traded companies and providing it to his company’s hedge fund clients.


Chu, 56, has been charged with conspiracy to commit securities fraud and conspiracy to commit wire fraud, according to a complaint that was unsealed Wednesday in the U.S. District Court for the Southern District of New York.


“Chu promoted the firm’s consultation services by arranging for firm consultants to...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.