A FORMER trader at US hedge fund Millennium Partners pleaded guilty to charges related to illegal after-market trading in mutual fund shares. Steve Markovitz, who managed 650m of assets, faces up tofour years in jail and confiscation of any profits. […]

NEW YORK — A Czech-born financier dubbed ”the pirate of Prague” was indicted on criminal charges Thursday of allegedly plundering $182 million from a Manhattan-based hedge fund and its clients. Viktor Kozeny, once said to be the Czech Republic’s richest […]

THERE is at least one group of workers who were not belting out the ‘Red Flag’ in Bournemouth. These are the 500 redundant employees of North Devon shipbuilder Appledore, whose company pensions lookin jeopardy. Despite the talk of fairness and […]

NEW YORK — The rapidly expanding mutual fund probe scored its first conviction Thursday when a former trader for Millennium Partners, a New York hedge fund, pleaded guilty to securities fraudThursday for illegal fund trades. Steven Markovitz pleaded guilty in […]

Ex-trader pleads guilty to after-hours trading Settlement bars him from working for mutual funds By RIVA D. ATLAS New York Times Friday, October 3, 2003 New York — A former trader at a major hedge fund pleaded guilty Thursday to […]

Most mutual fund prospectuses are about as lively as the Manhattan phone directory, and twice as long. Many investors ignore them. Still, it’s the only place you can get the 411 on a fund’s expenses,investment strategy, management and performance. But […]

The interim chairman of the New York stock exchange yesterday vowed to oppose any efforts to strip the institution of its regulatory powers. Following his first formal meeting with the board of the exchange, John Reed said retaining the regulatory […]

Oct. 3–The so-called Pirate of Prague has been put on the plank by a Manhattan grand jury. Viktor Kozeny, 39, a colorful Czech investment banker, was indicted yesterday on charges he bilked Columbia University, Goldman Sachs and other investors out […]

Oct. 3–New York State Attorney General Eliot Spitzer yesterday secured his first felony conviction in his expanding probe of illegal and improper mutual fund trading practices. Steven B. Markovitz, a former executive and senior trader with Millennium Partners Lp hedge […]

A fugitive Czech financier has been charged with stealing $182 million from clients of a New York City hedge fund, prosecutors said. Viktor Kozeny stole the money from 15 investment funds managed by Omega Advisors that had agreed to invest […]

FIRMS SELL LOCAL SHOPPING CENTERS Hallmark Partners of Jacksonville and Stiles Corp. of Fort Lauderdale are selling two First Coast shopping centers that they own jointly, Deerwood Lake Commons at Southside Boulevard and Touchton Road and St. Johns Commons at […]

xfdce NIGHTLY-BUSINESS-REPO-00 Show: NIGHTLY BUSINESS REPORT> Date: October 3, 2003> Time: 18:30:00> Tran: 100300cb.118> Type: SHOW> Head: Nightly Business Report> Sect: Business> Byline: Susie Gharib, Jeff Yastine> Guest: Douglas Cliggott> Spec: Business; Economy> Time: 00:00:00> SUSIE GHARIB, NIGHTLY BUSINESS REPORT […]