{"id":46046,"date":"2015-01-21T09:11:50","date_gmt":"2015-01-21T14:11:50","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=46046"},"modified":"2015-01-21T09:11:50","modified_gmt":"2015-01-21T14:11:50","slug":"boss-of-uk-hedge-fund-magnus-peterson-is-convicted-in-weavering-fraud-case","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2015\/boss-of-uk-hedge-fund-magnus-peterson-is-convicted-in-weavering-fraud-case.html","title":{"rendered":"Boss of UK hedge fund Magnus Peterson is convicted in Weavering fraud case"},"content":{"rendered":"<p>Independent &#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 yesterday, giving the 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 after a 12-week trial that tested the jury&#8217;s grasp of financial markets. The fraud over a six-year period cost investors $536m ($460m). Mr Peterson has been remanded in custody and will be sentenced on January 23, the SFO said in a statement.<\/p>\n<p><a href=\"http:\/\/www.independent.ie\/business\/world\/boss-of-uk-hedge-fund-magnus-peterson-is-convicted-in-weavering-fraud-case-30920098.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Independent &#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 yesterday, giving the Serious Fraud Office (SFO) one of its most senior [&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-46046","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/46046","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=46046"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/46046\/revisions"}],"predecessor-version":[{"id":46047,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/46046\/revisions\/46047"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=46046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=46046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=46046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}