Platinum Partners Hedge Fund Founder and 6 Others Charged With Fraud

Federal prosecutors in Brooklyn contend that executives overvalued the assets that Platinum invested in and misrepresented the performance of certain funds. [Source]

Origin: nytimes.com

Category: Hedge Funds

Topics: Platinum, funds, certain, performance, misrepresented, invested, assets, overvalued, executives, contend, Brooklyn, prosecutors, Federal, Fraud, Charged, Others, Founder, Hedge, Partners

Source: http://www.nytimes.com/2016/12/19/business/dealbook/platinum-partners-hedge-fund-founder-and-6-others-charged-with-fraud.html?partner=rss&emc=rss