We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Hedge Fund Advisor Faces Mail, Wire Fraud Charges

Law360 (August 18, 2006, 12:00 AM EDT) -- A Massachusetts hedge fund advisor is facing 13 counts of mail and wire fraud after prosecutors alleged he lied to investors about the fund’s investment strategy and then falsified documents to cover up his fabrications.

Mark Conway, a partner at Groundswell Partners LLC, was charged earlier this month in the U.S. District Court for the District of Massachusetts.

He already faced civil charges brought by the U.S. Securities and Exchange Commission alleging he inflated the amount of the fund in reports to clients. Conway claimed the...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.