Tag Archives: investment-counselor

Former hedge fund manager Michael Lauer found guilty

A federal judge in Miami has found that former hedge fund manager Michael Lauer defrauded investors out of more than $500 million between 1999 and 2002. U.S. District Court Judge Kenneth A. Marra, in a 67-page order issued last week, […]

Miami Hedge Fund Swindler Sentenced

New York (HedgeCo.Net) – Hedge fund fraudster Salman Shariff has been sentenced to 57 months behind bars, years after swindling millions from trusting investors.  The Miami-based funds raked in almost $11 million from 1998 to 2001, while Shariff afforded himself […]

Pasternak Cleared of SEC Trading-Fraud Allegations

Wall Street Journal- A federal judge said the Securities and Exchange Commission didn’t prove that former Knight Equity Markets chief Kenneth Pasternak defrauded the firm’s clients. In an oral opinion Thursday, U.S. District Court Judge Joel Pisano said that witness […]