May 05, 2026
A Connecticut federal judge has held the wife of a fugitive Oak Management Corp. trader in contempt for trying to use her divorce case to take control of assets under the management of a receiver, who was appointed as part of a U.S. Securities and Exchange Commission civil suit.
August 07, 2025
The wife of a fugitive Oak Management Corp. trader cannot temporarily block a receiver's plan to liquidate frozen assets and reimburse victims who lost $67 million to her husband's fraud scheme, a Connecticut federal judge has ruled.
July 25, 2025
Massachusetts federal prosecutors said Friday that they have sold a $7.5 million mansion that belonged to a fugitive trader who was charged in 2015 with funneling $67 million in assets from his employer to himself.
April 02, 2025
The U.S. Securities and Exchange Commission can recoup a $12.5 million supplemental enrichment judgment from frozen assets tied to a fugitive trader accused of funneling $67 million from his employer Oak Management Corp. to himself, his companies and his relatives, a Connecticut federal judge has ruled.
December 02, 2024
A Connecticut federal judge has approved a receiver's plan to distribute $30 million to four Oak Management Corp. funds that were among the victims of a former in-house trader who spent a decade defrauding investors and misappropriating $67 million, court records show.
December 15, 2023
The U.S. Securities and Exchange Commission is asking a Connecticut federal judge not to lift a tax levy against the stateside-residing wife of an accused venture capital fraudster currently living in India.
May 24, 2021
An investment pro wanted by federal prosecutors in Boston on insider trading charges will stand trial in New York City remotely from India starting Wednesday so that a judge can assess how much in damages he owes a former client that accuses him of stealing $11 million.
November 19, 2019
A man who left the U.S. for India after being charged with insider trading asked a Massachusetts federal judge Tuesday to reconsider a $9 million bond forfeiture, arguing that he is not, despite the judge's opinion to the contrary, a fugitive.
November 08, 2019
A Massachusetts federal judge on Thursday imposed a $9 million bond on the family of a venture capital executive who fled to India to escape an insider trading charge despite a plea from his wife who said the seven-figure forfeiture would leave her and her three children homeless.
May 29, 2019
The wife of a venture capital executive who fled to India after being charged with insider trading asked a Massachusetts judge Wednesday to stop the forfeiture of a $9 million bond, saying she and her three children will be out on the streets with no way to pay for housing.