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	<title>Hedge Fund News From HedgeCo.Net &#187; fraud scheme</title>
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		<title>US hedge fund manager arrested in Hong Kong</title>
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		<pubDate>Thu, 19 Mar 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[International Herald Tribune &#8211; A Silicon Valley hedge fund manager has been arrested in Hong Kong on charges that he bilked investors out of at least $5&#160;million. According to a criminal complaint unsealed Wednesday in San Jose federal court, Albert Hu faces six counts of wire fraud charges for an investment fraud scheme involving hedge [...]]]></description>
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		<title>SEC enforcement chief Linda Thomsen resigns, replacement not named</title>
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		<pubDate>Tue, 10 Feb 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[Lethbridge Herald -&#160;The top cop at the U.S. Securities and Exchange Commission is leaving the government less than a week after receiving an angry dressing-down before Congress over the agency&#8217;s failure to detect a massive alleged fraud scheme. The SEC said Monday that Linda Thomsen is leaving to pursue opportunities in the private sector, but [...]]]></description>
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