{"id":30569,"date":"2012-08-08T06:07:12","date_gmt":"2012-08-08T10:07:12","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=30569"},"modified":"2012-08-08T06:07:12","modified_gmt":"2012-08-08T10:07:12","slug":"hearing-set-in-hedge-fund-case","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2012\/hearing-set-in-hedge-fund-case.html","title":{"rendered":"Hearing set in hedge fund case"},"content":{"rendered":"<p>CTpost &#8211; With a sentencing date in hand, a federal prosecutor is pressing forward with a bond revocation hearing for\u00a0Francisco Illarramendi, the wealthy owner of a group of Stamford-based hedge fund involved in a\u00a0Bernard Madoff-like Ponzi scheme that may have cost investors hundreds of millions of\u00a0dollars.<\/p>\n<p>U.S. District Judge\u00a0Stefan R. Underhill\u00a0set Oct. 29 for sentencing Illarramendi, 43, of New Canaan, who owned the\u00a0Michael Kenwood Capital Management Group\u00a0in Stamford. Illarramendi pleaded guilty March 7, 2011, to wire, securities and investment adviser fraud as well as a conspiracy charge. Those charges carry up to 70 years in prison and more than $5 million in\u00a0fines.<\/p>\n<p><a href=\"http:\/\/www.ctpost.com\/local\/article\/Hearing-set-in-hedge-fund-case-3770022.php\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CTpost &#8211; With a sentencing date in hand, a federal prosecutor is pressing forward with a bond revocation hearing for\u00a0Francisco Illarramendi, the wealthy owner of a group of Stamford-based hedge fund involved in a\u00a0Bernard Madoff-like Ponzi scheme that may have [&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-30569","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/30569","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=30569"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/30569\/revisions"}],"predecessor-version":[{"id":30570,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/30569\/revisions\/30570"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=30569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=30569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=30569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}