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	<title>Hedge Fund News From HedgeCo.Net &#187; lydia</title>
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		<title>Hedge fund fraudster to pay $2.78M</title>
		<link>http://www.hedgeco.net/news/04/2009/hedge-fund-fraudster-to-pay-278m.html</link>
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		<pubDate>Thu, 09 Apr 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[Bizjournals.com &#8211; A Massachusetts federal court has ordered a British man to pay $2.78 million in restitution, interest and penalties for orchestrating a scheme to defraud more than 60 investors who invested in his phony hedge fund operation based in Boston. The Securities and Exchange Commission said Wednesday that Glenn Manterfield, a principal at Lydia [...]]]></description>
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