(Bloomberg) Michael L. Cohen, the former head of Och-Ziff Capital Management’s European operations, pleaded not guilty to U.S. charges that he defrauded one of the hedge fund’s clients by lying about an investment in an African mining company. Cohen, 46, a U.S. citizen who lives in the U.K., agreed to waive extradition and was arraigned Tuesday in federal court in Brooklyn, New York. Charges against him include wire fraud, conspiracy and making false statements.
Och-Ziff’s Former Executive Pleads Not Guilty in Fraud Case
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