Beacon Hill Faces Criminal Charges
February 24, 2003
Federal prosecutors have launched a criminal investigation into hedge fund firm Beacon Hill Asset Management, which closed two of its hedge funds after they sustained massive losses in September in the wake of the surge in Treasury prices. [more]
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Former Hedge Fund Manager Indicted on Fraud Charges
February 20, 2003
Former hedge fund manager Edward Thomas Jung was indicted for wire and securities fraud Tuesday in Chicago on charges that he swindled 55 investors of more than $21 million, according to a statement from the U.S. attorney's office in Chicago. [more]
February 24, 2003
Federal prosecutors have launched a criminal investigation into hedge fund firm Beacon Hill Asset Management, which closed two of its hedge funds after they sustained massive losses in September in the wake of the surge in Treasury prices. [more]
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Former Hedge Fund Manager Indicted on Fraud Charges
February 20, 2003
Former hedge fund manager Edward Thomas Jung was indicted for wire and securities fraud Tuesday in Chicago on charges that he swindled 55 investors of more than $21 million, according to a statement from the U.S. attorney's office in Chicago. [more]