Tag Archives: magistrate judge
Highland Park-based hedge fund manager granted bail
Chicago Tribune – Illinois hedge-fund manager Gregory Bell, who was charged with wire fraud for his role in an alleged Ponzi scheme, was granted $1.5 million bail and required to wear an electronic monitor, a federal judge in Minnesota ruled […]
Ponzi Funds Said Missing
Wall Street Journal – Prosecutors said $160 million is unaccounted for in a Ponzi scheme allegedly run by hedge-fund manager James Nicholson. At a bail hearing Thursday, Assistant U.S. Attorney Maria E. Douvas said the government’s investigation showed that $293 […]
Dreier Gets $20 Million Bond, Claims He Can’t Pay
Bloomberg – Marc Dreier, the New York lawyer jailed since his arrest for allegedly cheating hedge funds, won’t be able to post the $20 million bond that would free him, his lawyer told a federal judge. U.S. Magistrate Judge Douglas Eaton in […]
Israel Girlfriend Pleads Not Guilty to Aiding Escape
Bloomberg – Debra Ryan, the girlfriend of Samuel Israel, the convicted founder of hedge-fund firm Bayou Group LLC charged with bail jumping, pleaded not guilty to helping him escape. Israel, 49, is accused of faking his suicide and fleeing the day […]
