Securities and Exchange Commission v. Hu

  1. January 28, 2021

    Ex-Investment Adviser Cops To $100M Loan Fraud Scheme

    The former managing partner of New York investment firm International Investment Group pled guilty to fraud and conspiracy charges Thursday, admitting to running a $100 million scheme to inflate loan asset values and create fake loans to make his balance sheet look better.

  2. July 17, 2020

    Trade Financier Charged In NY, Denies $100M Fraud Rap

    A New Jersey man who co-founded trade financing firm International Investment Group denied Manhattan fraud charges on Friday after the feds arrested him for an alleged $100 million scheme to inflate loan asset values and create fake loans to make his balance sheet look better.