{"id":19272,"date":"2010-12-07T08:27:44","date_gmt":"2010-12-07T12:27:44","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=19272"},"modified":"2010-12-07T08:43:21","modified_gmt":"2010-12-07T12:43:21","slug":"hedge-fund-manager-mueller-gets-40-years-elway-lost-15-million","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2010\/hedge-fund-manager-mueller-gets-40-years-elway-lost-15-million.html","title":{"rendered":"Hedge Fund Manager Mueller Gets 40 Years, Elway Lost $15 Million"},"content":{"rendered":"<p>New York (HedgeCo.net) &#8211; Hedge fund manager\u00a0Sean Mueller, who pleaded guilty last month to securities fraud and stealing $71 million from investors, was sentenced yesterday to 40 years behind bars.<a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2010\/12\/Mueller-Sean1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-19277\" title=\"Mueller, Sean\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2010\/12\/Mueller-Sean1.jpg\" alt=\"\" width=\"171\" height=\"103\" \/><\/a><\/p>\n<p>Mueller Capital\u2019s Over-Under Fund raised more than $20 million from three investors including former Broncos&#8217; quarterback John Elway.\u00a0An investment statement released by investigators showed only $15 million in his account, after the hedge fund had claimed assets of $122 million. Elway lost $15 million in the scam.<\/p>\n<p>Mueller was found by police in April, where he is reported to have been considering a jump from about 19 stories. Mueller had also apologized to his clients for financial losses by Email.<\/p>\n<p>&#8220;I\u2019m very sorry for the damage I have done.&#8221; Mueller had left in a handwritten note, &#8220;I always thought I could make it back. Nobody else had any involvement except me.&#8221;<\/p>\n<p>Alex Akesson<br \/>\nEditor for <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) &#8211; Hedge fund manager\u00a0Sean Mueller, who pleaded guilty last month to securities fraud and stealing $71 million from investors, was sentenced yesterday to 40 years behind bars. Mueller Capital\u2019s Over-Under Fund raised more than $20 million from [&hellip;]<\/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-19272","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\/19272","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=19272"}],"version-history":[{"count":5,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19272\/revisions"}],"predecessor-version":[{"id":19274,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19272\/revisions\/19274"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=19272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=19272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=19272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}