Category Archives: Hedge Fund Fraud
Hedge Fund Manager Turns Himself In For $3.5 Million Fraud
New York (HedgeCo.net) – Hedge fund manager James Brandolino turned himself in to the FBI, confessing to $3.5 million fraud, Courthouse News Services reported today. “Brandolino, 42, of Joliet and formerly of Chicago, obtained about $4.7 million from 48 high net […]
New Charges In Hedge Fund Probe, Google Insider
New York (HedgeCo.net) – The SEC has charged Robert Feinblatt, co-founder of hedge fund Trivium Capital Management LLC, and Trivium analyst Jeffrey Yokuty in its ongoing hedge-fund insider trading case, MarketWatch reports.The SEC alleges insider dealing at Google, Polycoms, Hilton […]
Hedge Fund Tech Consultant Arrested After Refusing To Cooperate With FBI
New York (HedgeCo.net) – Winifred Jiau, the only technology consultant who was denied bail in last week’s Government clampdown on insider trading at hedge funds is reported to have spoken to Reuters after her arrest. Jiau says she was asked […]
Hedge Fund Fraud: iPad Leaking Executive Makes Bail
New York (HedgeCo.net) – Three of the research executives arrested by the FBI in December have been granted bail, including the man who allegedly leaked details about the iPad to a a hedge fund. James Fleishman, from Primary Global Research, […]
Hedge Fund Manager Indicted in $30 Million International Fraud Scheme
New York (HedgeCo.net) – A Utah hedge fund manager has been arraigned on multiple counts of mail fraud, wire fraud and conspiracy, relating to his operation of a Utah-based hedge fund company, “Coadum Capital.” Thomas Repke was indicted on December 15, […]
Oklahoma Hedge Fund Manager Sentenced To 10 Years
New York (HedgeCo.net) Former hedge fund manager, Mark S. Trimble, of Edmond, Oklahoma, was sentenced to serve 10 years in federal prison for money laundering. Trimble, 44, pleaded guilty in April to money laundering. Trimble’s hedge fund, Phidippides Capital Management, […]
SEC Charges SF Pegasus Hedge Fund Advisers With Fraud
New York (HedgeCo.net) -The SEC has charged two San Francisco-based hedge fund adviser firms along with their former CEO, former general counsel, and former portfolio manager with defrauding investors in a $100 million hedge fund that invested in subprime automobile […]
AppleGate: Hedge Funds Were Leaked iPad Secrets
New York (HedgeCo.net) – One of the five research executives arrested by the FBI last week, Walter Shimoon, from Flextronics International, is alleged to have profited illegally from Apple Inc. technology he was privy to, according to a criminal complaint. Shimoon […]
Former Hedge Fund Manager Gets Six Years Behind Bars
New York (HedgeCo.net) – A hedge fund manage formerly of Jefferies Group Inc has been sentenced to six years after being convicted of fraud in October, according to a Reuters report. “If it feels like those in the game are conducting insider […]
Two Arrested In $20 Million Hedge Fund Fraud Scheme
New York (HedgeCo.net) – New York Federal prosecutors have charged two more hedge fund hedge fund managers with fraud, according to Courthouse News Services. The 4-count indictment says that two New Jersey hedge fund managers, William Shternfeld and Benjamin Koifman, […]
Five Arrested In Hedge Fund Insider Trading Probe
New York (HedgeCo.net) – Five research executives have been arrested by the FBI, James Fleishman, from Primary Global Research, Mark A. Longoria, from Advanced Micro Devices, Walter Shimoon, from Flextronics International, and Manosha Karunatilaka from Taiwan Semiconductor Manufacturing. The Washington […]
Pastor Gets 54 Years For “Hedge Fund” Scam
New York (HedgeCo.net) – Indiana Judge Deana Martin sentenced Vaughn A. Reeves, Sr. to 54 years in prison for his role in a massive affinity fraud investment scheme that raised more than $120 million from investors in church bonds. The […]