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	<title>Hedge Fund News From HedgeCo.Net &#187; kl group</title>
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		<title>Florida Hedge Fund Fraudster Remains in Federal Custody</title>
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		<pubDate>Mon, 13 Apr 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; A former Florida hedge fund manager is being held without bail in a West Palm Beach prison after prosecutors convinced the judge he is a flight risk.&#160; Attorneys for Won-Sok Lee were seeking a continuance for his arraignment on Friday so that he could find a local lawyer. &#160; Lee and [...]]]></description>
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		<title>Former Florida Hedge Fund Manager Awaits Trial</title>
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		<pubDate>Tue, 07 Apr 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Won Sok Lee will face a U.S. trial after fleeing for three years following the discovery of his bogus Florida hedge fund.&#160; The KL Group allegedly defrauded about $200 million out of investors over the course of five years.&#160; Lee appeared for the first time in a West Palm Beach, Florida [...]]]></description>
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