{"id":29737,"date":"2012-06-27T05:28:32","date_gmt":"2012-06-27T09:28:32","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=29737"},"modified":"2012-06-27T05:28:32","modified_gmt":"2012-06-27T09:28:32","slug":"report-sec-is-going-after-hedge-fund-billionaire-phil-falcone","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2012\/report-sec-is-going-after-hedge-fund-billionaire-phil-falcone.html","title":{"rendered":"Report: SEC Is Going After Hedge Fund Billionaire Phil Falcone"},"content":{"rendered":"<p>Forbes &#8211; Philip Falcone, the embattled hedge fund billionaire who runs Harbinger Capital, will soon be battling a Securities &amp; Exchange Commission lawsuit,\u00a0according to a Bloomberg News report.<\/p>\n<p>The SEC will go after Falcone with claims he improperly took loans from his funds to pay taxes and gave certain investors like Goldman Sachs the chance to cash out of his hedge fund ahead of other investors, Bloomberg reported.<\/p>\n<p><a href=\"http:\/\/www.forbes.com\/sites\/nathanvardi\/2012\/06\/26\/report-sec-is-going-after-hedge-fund-billionaire-phil-falcone\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forbes &#8211; Philip Falcone, the embattled hedge fund billionaire who runs Harbinger Capital, will soon be battling a Securities &amp; Exchange Commission lawsuit,\u00a0according to a Bloomberg News report. The SEC will go after Falcone with claims he improperly took loans [&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-29737","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29737","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=29737"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29737\/revisions"}],"predecessor-version":[{"id":29738,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29737\/revisions\/29738"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=29737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=29737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=29737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}