{"id":3386,"date":"2005-09-29T00:00:00","date_gmt":"2005-09-29T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"2-hedge-fund-execs-plead-guilty-to-charges","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2005\/2-hedge-fund-execs-plead-guilty-to-charges.html","title":{"rendered":"2 hedge fund execs plead guilty to charges"},"content":{"rendered":"<p>  <strong>( <a href=\"http:\/\/www.businessweek.com\/\">www.businessweek.com<\/a> ) &#8211; WHITE PLAINS, N.Y.&nbsp;Sep 29, 2005<\/strong> \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u009d&nbsp;The founder and the chief financial officer of a beleaguered hedge  fund each pleaded guilty to conspiracy and fraud charges Thursday for their roles in a scandal that allegedly cost investors millions of dollars.<\/p>\n<p>  Samuel Israel III, the founder, and Daniel Marino, the CFO of the Stamford, Conn.-based Bayou hedge fund, pleaded guilty in federal court.<\/p>\n<p>  Prosecutor Margery Feinzig said Bayou issued fictitious weekly, quarterly and annual reports that inflated its profits to attract new investors and lull existing investors into keeping their money  in the<\/p>\n<p>  <a href=\"http:\/\/www.businessweek.com\/ap\/financialnews\/D8CU2KRO0.htm?campaign_id=apn_home_down&amp;chan=db\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>( www.businessweek.com ) &#8211; WHITE PLAINS, N.Y.&nbsp;Sep 29, 2005 \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u009d&nbsp;The founder and the chief financial officer of a beleaguered hedge fund each pleaded guilty to conspiracy and fraud charges Thursday for their roles in a scandal that allegedly cost investors [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3386","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3386","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=3386"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3386\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}