Hedge Funds Plead Guilty To $195M Scam
KL Group LLC, Shoreland Trading LLC and KL Triangulum Management LLC each admitted their roles in running a comprehensive hedge fund scam based out of southern Florida and California, Florida's Office of Financial Regulation said.
KL Group was a California limited liability company owned by principals Won Sok Lee and Jun Bae (a.k.a. John) Kim. Lee was also...
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