BusinessWeek – The German probe into K1 Group, a hedge-fund at the center of an international investigation, yielded two more arrests, prosecutors said.
The managing director of K1 Global Ltd. and K1 Invest Ltd., the group’s funds based in the British Virgin Islands, as well as the managing director of a trustee company were arrested, Dietrich Geuder, the spokesman for the Wuerzburg Prosecutors’ Office said in an e-mailed statement today. He didn’t provide their names.
