{"id":12094,"date":"2009-09-24T06:25:54","date_gmt":"2009-09-24T10:25:54","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=12094"},"modified":"2009-09-24T06:25:54","modified_gmt":"2009-09-24T10:25:54","slug":"ex-hedge-fund-officer-gets-2-13-to-7-years-for-theft","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2009\/ex-hedge-fund-officer-gets-2-13-to-7-years-for-theft.html","title":{"rendered":"Ex-Hedge Fund Officer Gets 2 1\/3 to 7 Years for Theft"},"content":{"rendered":"<p>Bloomberg &#8211; A former chief operating officer of 3V Capital Management LLC was sentenced to 2 1\/3 to 7 years in prison after misappropriating more than $8 million from a Capital fund and stealing almost $1 million more.<\/p>\n<p>Mark Focht, 32, was sentenced today in New York state court in Manhattan. He had pleaded guilty to grand larceny Aug. 10. In addition to misappropriating funds, Focht stole almost $700,000 from his firm and $250,000 from Pierce Diversified Strategy Master Fund LLC, a hedge fund managed by the firm.<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=a0_WvxpRK7eQ\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; A former chief operating officer of 3V Capital Management LLC was sentenced to 2 1\/3 to 7 years in prison after misappropriating more than $8 million from a Capital fund and stealing almost $1 million more. Mark Focht, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1443,11148],"class_list":["post-12094","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-chief-operating-officer","tag-hedge-fund"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=12094"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12094\/revisions"}],"predecessor-version":[{"id":12095,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12094\/revisions\/12095"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=12094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=12094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=12094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}