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Legal News

: Yahoo Law News

Hedge Fund Manager Conned Investors With Phony Law Firm Connections, Say Prosecutors (Law.com)

By Wire Services

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Silicon Valley hedge fund manager Albert Hu was charged Wednesday by the U.S. Attorney and the SEC with duping investors out of millions of dollars. Part of Hu's scheme, authorities claim, was to impress investors by telling them that his funds were represented by prominent law firms. But authorities say it was all a ruse -- the law firms had nothing to do with the scheme cooked up by Hu, who ...

Full post as published by Yahoo Law News on March 18, 2009 (boomark / email).

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