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View Full Version : SEC Sues Petters Connecticut Feeder Fund, Manager Over Alleged Fraud - Bloomberg



FraudNews
03-25-2011, 06:48 AM
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SEC Sues Petters Connecticut Feeder Fund, Manager Over Alleged Fraud (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHjEWZX9XENgUWUMdG7QPYmO_3V4g&url=http://www.bloomberg.com/news/2011-03-25/sec-sues-petters-feeder-fund-manager-for-disgorgement-of-gains-from-fraud.html)
Bloomberg
Quan concealed evidence of Petters&#39;s fraud, including by engaging in $187 million in “round-trip” transactions designed to hide the scheme, the SEC said. Phones at Acorn Capital Management weren&#39;t answered today and Quan couldn&#39;t immediately be located ...

and more &raquo; (http://news.google.co.za/news/more?pz=1&ned=en_za&ncl=d0WPpCwdgWH5n9M)


More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHjEWZX9XENgUWUMdG7QPYmO_3V4g&url=http://www.bloomberg.com/news/2011-03-25/sec-sues-petters-feeder-fund-manager-for-disgorgement-of-gains-from-fraud.html)