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	<title>Hedge Fund News From HedgeCo.Net &#187; illegal-profits</title>
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		<title>Hedge Fund Manager, Six Others Busted in Insider Trading Scam</title>
		<link>http://www.hedgeco.net/news/02/2009/hedge-fund-manager-six-others-busted-in-insider-trading-scam.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/hedge-fund-manager-six-others-busted-in-insider-trading-scam.html#comments</comments>
		<pubDate>Fri, 06 Feb 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; The SEC charged seven Wall Street professionals yesterday, alleging an insider trading ring that reaped over $11.6 million in illegal profits. British residents Nicos Achilleas Stephanou of UBS and Ramesh Chakrapani of Blackstone Advisory Services are being accused of disclosing nonpublic information about pending corporate acquisitions to five other finance professionals, [...]]]></description>
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		<title>Blackstone Man Targeted by SEC for Insider Trading</title>
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		<comments>http://www.hedgeco.net/news/01/2009/blackstone-man-targeted-by-sec-for-insider-trading.html#comments</comments>
		<pubDate>Wed, 14 Jan 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; A Blackstone Group executive has been sued by the U.S. Securities and Exchange Commission after allegedly fronting an insider trading scam that involved supermarket chain Albertsons. According to the complaint, Managing Director Ramesh Chakrapani tipped off a friend with private information regarding the acquisition of Albertsons in 2006 by private equity [...]]]></description>
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		<title>Burlington hedge fund agrees to pay $1M fine</title>
		<link>http://www.hedgeco.net/news/05/2008/burlington-hedge-fund-agrees-to-pay-1m-fine.html</link>
		<comments>http://www.hedgeco.net/news/05/2008/burlington-hedge-fund-agrees-to-pay-1m-fine.html#comments</comments>
		<pubDate>Tue, 20 May 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[The Lowell Sun &#8211; A Burlington hedge fund and its former manager have agreed to pay more than $1 million for trading on inside information surrounding the Citizen Bank&#8217;s $10.5 billion purchase of Chapter One. Federal regulators from the U.S. Securities and Exchange Commission announced a settlement with Global Time Capital Management and former chief [...]]]></description>
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