“Hedge funders charged in $1 billion fraud — emailed about fleeing US…”

“Employees of a troubled New York hedge fund, Platinum Partners, were arrested Monday on charges of participating in a $1 billion fraud.

Mark Nordlicht, Platinum’s chief investment officer, Uri Landesman, a Platinum marketer, and another coconspirator sent emails about fleeing the US, according to a government indictment out Monday.”

http://finance.yahoo.com/news/hedge-funders-charged-1-billion-185102666.html

Advertisements
This entry was posted in Economics, News and tagged , , , , , , , , , , , , , , , , , . Bookmark the permalink.

One Response to “Hedge funders charged in $1 billion fraud — emailed about fleeing US…”

  1. gachiyellow says:

    Watch this story. It’s a billion dollar crime but the fine will be in the millions. This is why the best way to steal is to steal in a big way.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s