Founder and chief investment officer trace Nordlicht among those arrested months after officials said jail guards’ union money was steered to hedge fundFederal authorities said on Monday they were unsealing an indictment charging a hedge fund founder and six others in a $1bn fraud case.
US attorney Robert L Capers in New York City scheduled a news conference to discuss the case against Platinum Partners founder and chief investment officer trace Nordlicht. Related: Top 25 hedge fund managers earned $13bn in 2015 – more than some nations Continue reading...
Source: theguardian.com