California Investment Agent Pleads Guilty in NY Probe
American Chronicle – A Los Angeles businessman has pleaded guilty to corruption charges in a pension fund scandal that began in New York and is heading west.
Julio Ramirez Jr.’s guilty plea to securities fraud, revealed Tuesday in New York, tightened the connection between that state’s scandal and the pension fund industry in California. The charges arise from Ramirez’s work as an unlicensed "placement agent" for Wetherly Capital Group of Los Angeles, a politically connected firm that has secured investment business from CalPERS and CalSTRS.
Read Complete Article
About the HedgeCo News Team
The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis.
Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.
This entry was posted in Syndicated
and tagged american chronicle
, corruption charges
, guilty plea
, heading west
, investment business
, julio ramirez
, placement agent
, securities fraud
, tuesday in new york
. Bookmark the permalink