{"id":5073,"date":"2006-09-27T00:00:00","date_gmt":"2006-09-27T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"orlando-stockbroker-sentenced-in-hedge-fund-scam","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/09\/2006\/orlando-stockbroker-sentenced-in-hedge-fund-scam.html","title":{"rendered":"Orlando stockbroker sentenced in hedge-fund scam"},"content":{"rendered":"<p>Orlando Business Journal &#8211; An Orlando stockbroker has been sentenced to more than four years in prison for cheating investors out of more than $6.6 million involving two hedge funds.<\/p>\n<p>  Charles Norman Watson, 39, was sentenced to 50 months in prison and ordered to pay restitution to swindled investors by U.S. District Judge John Antoon.<\/p>\n<p>  Watson, a licensed stockbroker, pled guilty earlier this year to one count of money laundering. He admitted to spending $1.4 million out of more than $4.2 million that he helped raise for <a href=  \"http:\/\/www.bizjournals.com\/search\/bin\/search?q=%22Global%20Capital%20Fund%20Ltd%22&amp;t=orlando\">Global Capital Fund Ltd.<\/a>, a hedge fund he started.<\/p>\n<p>  According to court records, Watson&#8217;s purchases included a new home, new automobiles and diamond earrings for his spouse.<\/p>\n<p><a href=\"http:\/\/orlando.bizjournals.com\/orlando\/stories\/2006\/09\/25\/daily20.html?jst=m_ln_hl&amp;surround=lfn\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Orlando Business Journal &#8211; An Orlando stockbroker has been sentenced to more than four years in prison for cheating investors out of more than $6.6 million involving two hedge funds. Charles Norman Watson, 39, was sentenced to 50 months 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":[],"class_list":["post-5073","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5073"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5073\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}