{"id":18755,"date":"2010-11-05T07:15:30","date_gmt":"2010-11-05T11:15:30","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=18755"},"modified":"2010-11-05T07:15:30","modified_gmt":"2010-11-05T11:15:30","slug":"sec-accuses-l-a-hedge-fund-operators-of-bilking-investors","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2010\/sec-accuses-l-a-hedge-fund-operators-of-bilking-investors.html","title":{"rendered":"SEC accuses L.A. hedge fund operators of bilking investors"},"content":{"rendered":"<p>LA Times &#8211; The Securities and Exchange Commission filed a civil lawsuit Thursday against two operators of a Los Angeles hedge fund, accusing them of making false statements about the fund&#8217;s performance and misappropriating more than $2 million of clients&#8217; funds.<\/p>\n<p>Alero Odell Mack and Steven Enrico Lopez, who operated Easy Equity Management Inc., allegedly obtained $4 million from 25 investors from 2007 until March of this year by overstating past returns and falsely claiming that Mack had unique access to the\u00a0New York Stock Exchange trading floor.<\/p>\n<p><strong><a href=\"http:\/\/www.latimes.com\/business\/la-fi-hedge-fraud-20101105,0,6706384.story\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>LA Times &#8211; The Securities and Exchange Commission filed a civil lawsuit Thursday against two operators of a Los Angeles hedge fund, accusing them of making false statements about the fund&#8217;s performance and misappropriating more than $2 million of clients&#8217; [&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-18755","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18755","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=18755"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18755\/revisions"}],"predecessor-version":[{"id":18756,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18755\/revisions\/18756"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=18755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=18755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=18755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}