Hedge Fund Crook Gets 20 Years for Defrauding 900 for $294 Million

While the Occupy Wall Street folks were confronting New York City Police, one of the people they are demonstrating against was standing before Chicago Federal Judge John Darrah and getting sentenced to 20 years in the pen. FORMER LAKE SHORE … Continue reading

Hedge Fund Defrauder Got 900 for $924 Million in Ponzi Scheme

A press release from the U.S. Attorney’s Office: DIRECTOR OF DEFUNCT LAKE SHORE ASSET MANAGEMENT PLEADS GUILTY TO DEFRAUDING 900 INVESTORS IN $294 MILLION FRAUD SCHEME CHICAGO — The former managing director of a hedge fund that was forced into … Continue reading