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	<title>Hedge Fund News From HedgeCo.Net &#187; prison julie</title>
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		<title>Texas Resident to Pay $71 Million to Defrauded Investors</title>
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		<pubDate>Fri, 03 Apr 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Texas Resident George D. Hudgins must pay $71 million following a federal court order obtained by the CFTC, to pay back victims of his Ponzi scheme and to settle a $15 million penalty. According to the original complaint, Hudgins swindled about $88 million from June 2001 to May 2008, in a [...]]]></description>
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		<title>NY State Pension Fund Linked to Millions in Kickbacks from Private Equity, Hedge Funds</title>
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		<pubDate>Fri, 20 Mar 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Two high-ranking men who worked in the New York State comptroller&#8217;s office were arrested yesterday after it was discovered they took millions of dollars in kickbacks from private equity and hedge funds, said Attorney General Andrew Cuomo. David Loglisci, who was the top investment officer of the state&#8217;s $122 billion pension [...]]]></description>
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