Economic Times – An Indian American manager of a hedge-fund that catered to Silicon Valley professionals has been fined by the Securities and Exchange Commission and barred from the investment advising business for five years.
Neil Godbole, 29, of San Francisco , agreed to a $40,000 civil penalty for concealing large trading losses in his Opulent Lite hedge fund, the SEC said Wednesday.
One Response to Indian American manager fined for defrauding investors