Archegos hedge fund founder Bill Hwang gets 18 years in prison for massive fraud

NEW YORK (AP) — The founder of Archegos Capital Management, a hedge fund, was sentenced to 18 years in prison on Wednesday for securities and market manipulation fraud in a scheme that prosecutors said cost global investment banks billions of d

By: financialpost.com

Nov 20 2024
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Archegos hedge fund founder Bill Hwang gets 18 years in prison for massive fraud

NEW YORK (AP) -- The founder of Archegos Capital Management, a hedge fund, was sentenced to 18 years in prison on Wednesday for securities and market manipulation fraud in a scheme that prosecutors said cost global investment banks billions of dollars. Read More

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Archegos hedge fund founder Bill Hwang gets 18 years in prison for massive fraud

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