August 06, 2018
A former hedge fund manager behind bars for stealing from investors in a Ponzi-style operation can never again work in the securities industry and will satisfy his $7.9 million in civil liability when he pays down a parallel $10.5 million criminal restitution, a Massachusetts federal judge decided Monday.
May 03, 2018
A former Cambridge hedge fund manager tearfully apologized to the court and his victims Thursday before a Massachusetts federal judge sentenced him to six years behind bars for admitting to stealing $10.5 million from duped investors.
January 09, 2018
A former Cambridge hedge fund manager admitted in Massachusetts federal court on Tuesday to running a Ponzi-style scheme that defrauded an unnamed wealthy family by stealing their Canadian investments.
May 22, 2017
The U.S. Securities and Exchange Commission on Monday hit a hedge fund manager and his investment advisory business partner with a Massachusetts federal suit alleging they cheated more than 50 hedge fund investors out of $11.2 million.