{"id":23654,"date":"2011-07-22T07:03:50","date_gmt":"2011-07-22T11:03:50","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=23654"},"modified":"2011-07-22T07:03:50","modified_gmt":"2011-07-22T11:03:50","slug":"k1-hedge-fund-founder-kiener-is-jailed-for-10-years-in-ponzi-scheme-fraud","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2011\/k1-hedge-fund-founder-kiener-is-jailed-for-10-years-in-ponzi-scheme-fraud.html","title":{"rendered":"K1 Hedge Fund Founder Kiener Is Jailed for 10 Years in Ponzi-Scheme Fraud"},"content":{"rendered":"<p>Bloomberg &#8211; K1 Group founder Helmut Kiener was convicted of defrauding investors with a 345-million euro ($497 million)\u00a0Ponzi scheme and sentenced to 10 years and eight months in prison.<\/p>\n<p>Kiener, 52, was found guilty of fraud, forgery and\u00a0tax evasion by a court in Wuerzburg,\u00a0Germany. Kiener in April confessed to using new investors\u2019 money to make up for losses in the wake of the financial crisis and to having manipulated some account statements.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2011-07-22\/k1-hedge-fund-founder-kiener-is-jailed-for-10-years-in-ponzi-scheme-fraud.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; K1 Group founder Helmut Kiener was convicted of defrauding investors with a 345-million euro ($497 million)\u00a0Ponzi scheme and sentenced to 10 years and eight months in prison. Kiener, 52, was found guilty of fraud, forgery and\u00a0tax evasion by [&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-23654","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23654","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=23654"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23654\/revisions"}],"predecessor-version":[{"id":23658,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23654\/revisions\/23658"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=23654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=23654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=23654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}