Tag Archives: prison-term
Swindler pays for faking death
The London Free Press – A hedge-fund swindler who faked his own death in an effort to skip out on a 20-year prison term was sentenced yesterday to two extra years. Federal Judge Kenneth Karas said Samuel Israel III was […]
Madoff asks for 12 years for Ponzi conviction
Denver Post – Bernard Madoff asked a federal judge this week to sentence him to as little as 12 years in prison after he pleaded guilty earlier this year to operating a massive, decades- long Ponzi scheme. In a letter […]
Lawyer Dreier pleads guilty to defrauding hedge funds of more $400 million
Minneapolis Star Tribune – A Prominent Manhattan lawyer has pleaded guilty to defrauding hedge funds of more than $400 million. Fifty-eight-year-old Marc Dreier on Monday pleaded guilty to conspiracy to commit securities and wire fraud, securities fraud, wire fraud and […]
Samuel Israel Competent to Plead Guilty
HedgeFund.Net – Samuel Israel III, the Bayou Group founder who led the FBI on a merry chase after failing to show up to serve his prison term, has recovered sufficiently to plead guilty to escape, a federal judge said last […]
CSX Corp. Sue the Childrens Investment Fund
West Palm Beach (HedgeCo.net) – Transport company, CSX Corporation announced that it has joined in a civil action brought by the plaintiff, shareholder Deborah Donoghue, in federal court in New York to recover so-called "short-swing" profits under Section 16(b) of the Securities Exchange […]
Lawfirm Examines Hedge Fund Misrepresentation for Investors Benefit
West Palm Beach (HedgeCo.net) – Bernstein Liebhard is investigating whether, among other things, these investment funds conducted proper due diligence before investing heavily in Madoff Securities, and whether these funds ignored the warning signs that Madoff was conducting a large-scale fraud. […]
HedgeCo Hosts Blogging Platform, Provides Outlet for Hedge Fund Industry Experts
West Palm Beach, Dec 15, 2008 – Adding to its array of new and interactive features, HedgeCo.Net has unveiled the Hedge Fund blog platform, which provides both accredited investors and the general public the rare opportunity to view the world […]
Conference in Brussels on Carbon Capture & Storage
West Palm Beach (HedgeCo.net) – Platts 3rd Annual European Carbon Capture and Storage (CCS) conference is assembling the CCS community to discuss and review CCS projects in their various stages and look to uncover opportunities in what will become a changed […]
FactSet Anounces 2008 Global Revenues
West Palm Beach (HedgeCo.net) – FactSet Research Systems Inc. announced the first quarter results ending November 30, 2008, showed revenue increase to $155.6 million, an increase of 16% compared to the prior year. Operating income for the first quarter advanced […]
Hong Kong Hedge Fund Triples Investor Relation Technology
West Palm Beach (HedgeCo.net) – Hong Kong-based hedge fund manager PMA has chosen to more than triple the number of users of PerTrac CMS in the company’s Hong Kong, Tokyo, New York, London, and Dubai offices. PerTrac CMS is an alternative […]
