{"id":30359,"date":"2012-07-27T06:18:06","date_gmt":"2012-07-27T10:18:06","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=30359"},"modified":"2012-07-27T06:18:06","modified_gmt":"2012-07-27T10:18:06","slug":"new-century-hedge-funds-onsa-sentenced-for-ponzi-scheme","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2012\/new-century-hedge-funds-onsa-sentenced-for-ponzi-scheme.html","title":{"rendered":"New Century Hedge Fund\u2019s Onsa Sentenced for Ponzi Scheme"},"content":{"rendered":"<p>Bloomberg &#8211; Former hedge-fund manager Ward Onsa was sentenced to 6 1\/2 years in prison for using his firm, New Century Investment Management LLC, to run a Ponzi scheme.<\/p>\n<p>Onsa pleaded guilty in Brooklyn, New York, federal court in December to one count of securities fraud in connection with the scheme. Investors, primarily retirees, lost more than $3 million, according to the government.<\/p>\n<p><a href=\"http:\/\/www.businessweek.com\/news\/2012-07-26\/new-century-hedge-fund-s-onsa-sentenced-for-ponzi-scheme\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Former hedge-fund manager Ward Onsa was sentenced to 6 1\/2 years in prison for using his firm, New Century Investment Management LLC, to run a Ponzi scheme. Onsa pleaded guilty in Brooklyn, New York, federal court in December [&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-30359","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/30359","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=30359"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/30359\/revisions"}],"predecessor-version":[{"id":30361,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/30359\/revisions\/30361"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=30359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=30359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=30359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}