September 25, 2012
A Florida federal judge on Monday ordered a former manager of two bankrupt Florida hedge funds to pay back more than $1.6 million he allegedly obtained in a scheme to misappropriate $34 million from investors.
November 17, 2011
A Florida federal judge on Wednesday ordered the managers of Imperium Investment Advisors LLC and a bankrupt hedge fund, accused of scheming to misappropriate $34 million from investors, to pay $3.7 million in penalties — the maximum requested by federal attorneys.
January 14, 2011
A federal judge has ordered a Las Vegas chiropractor, one of four managers of two bankrupt Florida hedge funds accused of engaging in a scheme to misappropriate $34 million from investors, to pay back more than $1.4 million in unlawful profits and related penalties.