Alleged Facebook Fund Scammer Says Wiretaps Were Illegal

Law360, New York (July 10, 2012, 2:28 PM EDT) -- A mutual fund manager charged with defrauding investors out of $11 million by lying about his fund's holdings in Facebook Inc. was illegally wiretapped by a cooperating government witness, his lawyer told a New York federal judge on Tuesday.

Fund manager John A. Mattera's phone calls were recorded by Bradford Van Siclen, a managing director who worked with Mattera at The Praetorian Global Fund Ltd., attorney Carl F. Schoeppl said at a court hearing. Both Mattera and Van Siclen were charged in November with misappropriating $11...
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