(Reuters) A Massachusetts hedge fund manager was sentenced on Thursday to six years in prison for defrauding investors in a scheme that prosecutors said cost his clients over $10.5 million and allowed him to fund a lavish lifestyle. Yasuna Murakami, who managed MC2 Capital Management LLC and another investment advisory firm, wiped away tears before being sentenced by U.S. District Judge Douglas Woodlock in Boston as he apologized for the harm he caused his victims. “I’m deeply ashamed of my crime,” Murakami said in court.

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