{"id":15257,"date":"2010-04-22T05:10:12","date_gmt":"2010-04-22T09:10:12","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=15257"},"modified":"2010-04-22T05:10:12","modified_gmt":"2010-04-22T09:10:12","slug":"woodcliff-lake-hedge-fund-denies-it-had-early-knowledge-of-westgate-ponzi-scheme","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2010\/woodcliff-lake-hedge-fund-denies-it-had-early-knowledge-of-westgate-ponzi-scheme.html","title":{"rendered":"Woodcliff Lake hedge fund denies it had early knowledge of Westgate Ponzi scheme"},"content":{"rendered":"<p>North Jersey &#8211; Mountain Capital Management LLC, a Woodcliff Lake hedge fund, did not  know it was investing in a so-called Ponzi scheme when it gave more  money to Westgate Capital Management LLC in 2007, an attorney said  Tuesday.<\/p>\n<p>A lawsuit filed in the federal government&#8217;s civil case against  Westgate \u2013 run by James Nicholson of Saddle River \u2014 claimed an  interesting disclosure: In 2006, three years before Westgate collapsed,  Mountain Capital allegedly saw signs of fraud.<\/p>\n<p><a href=\"http:\/\/www.northjersey.com\/news\/crime_courts\/91789729_Hedge_fund_denies_knowing_of_scheme.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>North Jersey &#8211; Mountain Capital Management LLC, a Woodcliff Lake hedge fund, did not know it was investing in a so-called Ponzi scheme when it gave more money to Westgate Capital Management LLC in 2007, an attorney said Tuesday. A [&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":[],"class_list":["post-15257","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/15257","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=15257"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/15257\/revisions"}],"predecessor-version":[{"id":15258,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/15257\/revisions\/15258"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=15257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=15257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=15257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}