{"id":32424,"date":"2012-11-09T07:37:40","date_gmt":"2012-11-09T12:37:40","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=32424"},"modified":"2012-11-09T07:37:40","modified_gmt":"2012-11-09T12:37:40","slug":"sec-charges-hedge-fund-with-mortgage-bond-fraud","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2012\/sec-charges-hedge-fund-with-mortgage-bond-fraud.html","title":{"rendered":"SEC charges hedge fund with mortgage bond fraud"},"content":{"rendered":"<p>MarketWatch &#8211; The Securities and Exchange Commission on Thursday charged a hedge fund manager with allegedly defrauding investors by hiding millions of dollars in losses from mortgage securities.<\/p>\n<p>Specifically, the SEC alleges that Walter Morales and hedge fund Commonwealth Advisors, based in Baton Rouge, La., tried to hide $32 million in losses by lying to investors about the amount and value of mortgage-backed assets held by the hedge funds, and purportedly creating phony internal documents to justify their false valuations.<\/p>\n<p><a href=\"http:\/\/articles.marketwatch.com\/2012-11-08\/economy\/34988141_1_sec-charges-fund-manager-losses\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MarketWatch &#8211; The Securities and Exchange Commission on Thursday charged a hedge fund manager with allegedly defrauding investors by hiding millions of dollars in losses from mortgage securities. Specifically, the SEC alleges that Walter Morales and hedge fund Commonwealth Advisors, [&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-32424","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/32424","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=32424"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/32424\/revisions"}],"predecessor-version":[{"id":32426,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/32424\/revisions\/32426"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=32424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=32424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=32424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}