Hedge Fund News From HedgeCo.Net

Hedge fund manager surrenders expensive watches, fancy cars, airplane and backpack of cash

Al.com – A federal judge last week issued a final forfeiture order against a Tampa, Fla., man who pleaded guilty to defrauding investors from the Mobile area and elsewhere through a hedge fund that he managed.

The $2.34 million judgment represents money that Anthony J. “A.J.” Klatch II fraudulently obtained from the investors, according to Chief U.S. District Judge William Steele’s order.

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