{"id":24090,"date":"2011-08-15T04:17:22","date_gmt":"2011-08-15T08:17:22","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=24090"},"modified":"2011-08-14T12:17:45","modified_gmt":"2011-08-14T16:17:45","slug":"fake-hedge-fund-operator-gets-5-years","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2011\/fake-hedge-fund-operator-gets-5-years.html","title":{"rendered":"Fake Hedge Fund Operator Gets 5 Years"},"content":{"rendered":"<p>Bloomberg &#8211; Benjamin Koifman, who pleaded guilty to conspiracy for his role in a scheme to cheat investors with a phony New York-based hedge fund, was sentenced to five years and three months in prison.<\/p>\n<p>Koifman and William Shternfeld ran A.R. Capital Global Fund LP, an unregistered\u00a0investment adviser, and ARC Global Fund, a hedge fund that said it invested in equity of international real estate, according to prosecutors in the office of\u00a0Manhattan U.S. Attorney Preet Bharara.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2011-08-12\/fake-hedge-fund-operator-receives-63-month-sentence-for-20-million-scheme.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Benjamin Koifman, who pleaded guilty to conspiracy for his role in a scheme to cheat investors with a phony New York-based hedge fund, was sentenced to five years and three months in prison. Koifman and William Shternfeld ran [&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-24090","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24090","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=24090"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24090\/revisions"}],"predecessor-version":[{"id":24092,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24090\/revisions\/24092"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=24090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=24090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=24090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}