(The Charlotte Observer) A former Charlotte hedge fund manager already in prison for an investment scheme that cost investors at least $8.9 million pleaded guilty July 1 to two new charges as part of a widening case involving a New York technology start-up. Stephen E. Maiden, 43, faces up to 25 years in prison on the conspiracy to commit securities fraud and wire fraud charges, according to the U.S. Attorney’s Office in Manhattan. A federal judge in Charlotte last year sentenced Maiden to seven years in prison last year in a case that involved investors in his former hedge fund Maiden Capital.
Charlotte Hedge Fund Manager Pleads Guilty To New Charges
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