{"id":46006,"date":"2015-01-20T08:27:56","date_gmt":"2015-01-20T13:27:56","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=46006"},"modified":"2015-01-20T08:27:56","modified_gmt":"2015-01-20T13:27:56","slug":"boss-of-uk-hedge-fund-weavering-convicted-in-fraud-case","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2015\/boss-of-uk-hedge-fund-weavering-convicted-in-fraud-case.html","title":{"rendered":"Boss of UK hedge fund Weavering convicted in fraud case"},"content":{"rendered":"<p>Reuters &#8211; The boss of collapsed UK hedge fund Weavering could be jailed for up to 10 years after being found guilty of fraud by a London court on Monday, giving Britain&#8217;s Serious Fraud Office (SFO) one of its most senior financial scalps since the credit crunch.<\/p>\n<p>Magnus Peterson, 51, was found guilty of eight counts of fraud, forgery, false accounting and fraudulent trading and was acquitted on seven other charges after a 12-week trial that delved into the complex world of hedge fund investing. The fraud cost investors $536 million.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/2015\/01\/19\/hedgefunds-fraud-weavering-idUSL6N0UY3BE20150119\" target=\"_blank\"><strong>Read Complete Artice<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; The boss of collapsed UK hedge fund Weavering could be jailed for up to 10 years after being found guilty of fraud by a London court on Monday, giving Britain&#8217;s Serious Fraud Office (SFO) one of its most [&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-46006","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/46006","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=46006"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/46006\/revisions"}],"predecessor-version":[{"id":46007,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/46006\/revisions\/46007"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=46006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=46006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=46006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}