{"id":9641,"date":"2009-01-15T00:00:00","date_gmt":"2009-01-15T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"four-in-hedge-fund-sting-convicted","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2009\/four-in-hedge-fund-sting-convicted.html","title":{"rendered":"Four in hedge fund sting convicted"},"content":{"rendered":"<p>Newsday &#8211; Maybe you heard the one about the phony multibillion-dollar Long Island hedge fund that was actually performing a public service.<\/p>\n<p>No? Well, apparently neither did four confidence men, according to federal prosecutors.<\/p>\n<p>The four were convicted yesterday in federal court in Central Islip after walking into a federal sting operation in which they thought they were about to collect $3 billion from a hedge fund. The money was to be used to build what they said was a pipeline through the Russian Republic of Buryatia, prosecutors said.<\/p>\n<p>The unnamed fund was a creation of FBI agents and the Postal Inspection Service, Assistant U.S. Attorney James Miskiewicz said during the seven-day trial.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.newsday.com\/news\/local\/suffolk\/ny-libury155999181jan15,0,3840300.story\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Newsday &#8211; Maybe you heard the one about the phony multibillion-dollar Long Island hedge fund that was actually performing a public service. No? Well, apparently neither did four confidence men, according to federal prosecutors. The four were convicted yesterday in [&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":[5828,5824,5829,4547,5823,5830,48,268,5827,5831,5826,5825],"class_list":["post-9641","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-central-islip","tag-confidence-men","tag-fbi","tag-federal-prosecutors","tag-federal-sting-operation","tag-long-island","tag-money","tag-multibillion-dollar","tag-newsday","tag-pipeline","tag-postal-inspection-service","tag-russian-republic"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9641","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=9641"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9641\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}