(Reuters) A Massachusetts hedge fund manager pleaded guilty on Tuesday after prosecutors accused him of misusing millions of dollars from investors to pay for lavish personal expenses like a sports car and to engage in a Ponzi-like scheme. Yasuna Murakami, who managed Cambridge, Massachusetts-based MC2 Capital Management LLC and another investment advisory firm, pleaded guilty in federal court in Boston to one count of wire fraud.
Massachusetts Hedge Fund Manager Pleads Guilty to Fraud
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