Manager of a fake hedge fund faces real prison time
Breakfast with Benjamin: Security guard/waiter/travel agent posing as a hedge fund manager has been convicted of stealing more than $800,000 from 17 investors.
- A security guard/waiter/travel agent posing as a hedge fund manager has been convicted of stealing more than $800,000 from 17 investors. He will likely need time off from his other jobs to serve up to 20 years in prison. Moazzam Ifzal Malik even tried to fake his own death in an effort to dodge investors seeking their money.
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