Hedge Fund News From HedgeCo.Net

Fund manager and blogger accused of fraud

Global News – The British Columbia Securities Commission has accused a hedge fund manager and financial blogger of fraud involving allegedly false claims about Silvercorp Metals Inc. (TSX:SVM).

Silvercorp’s shares fell 20 per cent after Jon Richard Carnes published a negative report on the company on the financial blog Alfredlittle.com in 2011.

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