{"id":5503,"date":"2007-01-08T00:00:00","date_gmt":"2007-01-08T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-fund-con-man-out-on-11m-bond-worcester-telegram","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/01\/2007\/hedge-fund-con-man-out-on-11m-bond-worcester-telegram.html","title":{"rendered":"Hedge fund con man out on $1.1M bond &#8211; Worcester Telegram"},"content":{"rendered":"<p>  <span class=\"text\"><strong>EW HAVEN, Conn.\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u009d<\/strong> A former college student who posed as a Turkish heir and persuaded sophisticated investors to pour millions into a nonexistent hedge fund was  released on bond yesterday.<\/p>\n<p>  Hakan Yalincak\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s release on $1.1 million bond until his Feb. 14 sentencing followed three unsuccessful bond requests. Yalincak, 22, said he asked again because his mother, who also pleaded guilty  in the scheme, is being treated for what appears to be cancer.<\/p>\n<p>  \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cThis has been a learning experience,\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d said Yalincak, who pleaded guilty in June to bank and wire fraud and faces up to 50 years in prison.<\/span><\/p>\n<p>  <strong><a href=  \"http:\/\/www.google.com\/news\/url?sa=T&amp;ct=us\/6-0&amp;fd=R&amp;url=http:\/\/www.telegram.com\/apps\/pbcs.dll\/article%3FAID%3D\/20070106\/NEWS\/701060371\/1052&amp;cid=1112462478&amp;ei=FU2iReHMD4eSogLv58G6DA\">  Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EW HAVEN, Conn.\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u009d A former college student who posed as a Turkish heir and persuaded sophisticated investors to pour millions into a nonexistent hedge fund was released on bond yesterday. Hakan Yalincak\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s release on $1.1 million bond until his Feb. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5503","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5503"}],"version-history":[{"count":0,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5503\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}