{"id":20952,"date":"2011-03-02T06:23:51","date_gmt":"2011-03-02T11:23:51","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=20952"},"modified":"2011-03-02T06:23:51","modified_gmt":"2011-03-02T11:23:51","slug":"alleged-fraud-raised-victoria-man-into-ranks-of-nouveau-riche","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2011\/alleged-fraud-raised-victoria-man-into-ranks-of-nouveau-riche.html","title":{"rendered":"Alleged fraud raised Victoria man into ranks of nouveau riche"},"content":{"rendered":"<p>Vancouver Sun -In a complaint filed last week in U.S. District Court in California, the SEC alleged that, from September 2005 to September 2007, Colin Heatherington and two associates acquired shares of a handful of junior companies, manipulated their share prices upward, then caused a hedge fund company to buy those shares at artificially inflated prices.<\/p>\n<p>When the scheme collapsed in September 2007, the hedge funds, managed by London-based Absolute Capital Management Holdings Ltd., were left holding $440 million to $530 million in essentially worthless stock.<\/p>\n<p><strong><a href=\"http:\/\/www.vancouversun.com\/business\/Alleged+fraud+raised+Victoria+into+ranks+nouveau+riche\/4370525\/story.html\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vancouver Sun -In a complaint filed last week in U.S. District Court in California, the SEC alleged that, from September 2005 to September 2007, Colin Heatherington and two associates acquired shares of a handful of junior companies, manipulated their share [&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-20952","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/20952","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=20952"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/20952\/revisions"}],"predecessor-version":[{"id":20954,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/20952\/revisions\/20954"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=20952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=20952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=20952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}