![\"\"](\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2010\/06\/criminal-law-274x300.jpg\" "\\"Hedge")
New York (HedgeCo.net) – The New York District Court has sentenced Alan Fishman to 37 months in prison for conspiring to commit securities fraud in a case involving hedge fund A.R. Capital Group Inc., which he founded. Daniel Ledven, also a principal at the hedge fund, was sentenced to 57 months in prison, according to a Bloomberg report.<\/p>\n
Fishman was a car-service driver before he launched the hedge fund, Bloomberg reported, which raised about $20 million from investors between 2003 and September 2006.<\/p>\n
The money was to be invested in international real estate companies and used for leveraged trading, the hedge fund claimed, although $18 million ended up in bank accounts in the Ukraine.<\/p>\n
Alex Akesson New York (HedgeCo.net) – The New York District Court has sentenced Alan Fishman to 37 months in prison for conspiring to commit securities fraud in a case involving hedge fund A.R. Capital Group Inc., which he founded. Daniel Ledven, also […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,3],"tags":[],"class_list":["post-16322","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-fraud","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16322","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=16322"}],"version-history":[{"count":3,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16322\/revisions"}],"predecessor-version":[{"id":16326,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16322\/revisions\/16326"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=16322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=16322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=16322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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