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Posts Tagged ‘jose mercury news’

US hedge fund manager arrested in Hong Kong

Thursday, March 19, 2009 : Permalink

International Herald Tribune – A Silicon Valley hedge fund manager has been arrested in Hong Kong on charges that he bilked investors out of at least $5 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 funds he administered from 2002 to 2008, the San Jose Mercury News reported.

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