Broker’s ‘Outright Fraud’ Prompts Judge to Bar Fund Access
A collection of U.S. one-hundred dollar bills sit on a black background in this arranged photograph in Hong Kong, China. (Photographer: Paul Yeung/Bloomberg)

Broker’s ‘Outright Fraud’ Prompts Judge to Bar Fund Access

Bookmark
(Bloomberg) -- A private-equity fund manager was barred by a New York judge from accessing the remaining assets in a fund he allegedly used to steal millions of dollars from unsuspecting investors.
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.