FraudNews
08-25-2011, 05:42 AM
Lake Shore Fraudster Pleads Guilty (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHAKIeKccARd4FKszCugniGoIl6iQ&url=http://www.finalternatives.com/node/17852)
FINalternatives
The founder of hedge fund Lake Shore Asset Management yesterday pleaded guilty to running a $292 million fraud. Philip Baker, who was indicted in 2009, entered his plea on one count of wire fraud. Prosecutors said they would seek 20 years in prison ...
Ex-Chicago hedge fund director pleads guilty in $294M fraud (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGjCJsVp3MzrcCQjLWdOpuPBLz-gw&url=http://www.suntimes.com/business/7260287-420/ex-chicago-hedge-fund-director-pleads-guilty-in-294m-fraud.html)Chicago Sun-Times
Chicago hedge fund manager pleads guilty to fraud (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGgWMEUHigdomKV8OcF9ofpnnNUfw&url=http://www.reuters.com/article/2011/08/24/us-baker-hedgefund-plea-idUSTRE77N7JW20110824)Reuters
Lake Shore's Philip J. Baker Pleads Guilty to Wire Fraud in Chicago Court (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFlir8QdmV_jmacrgBl90m6aQoBRQ&url=http://www.bloomberg.com/news/2011-08-24/lake-shore-s-philip-j-baker-pleads-guilty-to-wire-fraud-in-chicago-court.html)Bloomberg
Wall Street Journal (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH3fVbpYUMJFgOo7zJvU6WAgYyweg&url=http://online.wsj.com/article/BT-CO-20110824-713051.html) -Chicago Tribune (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHVutmNDd8YSG6NWqGFk_R9oBv6lA&url=http://www.chicagotribune.com/business/breaking/chi-lake-shore-group-head-pleads-guilty-to-294m-hedge-fund-fraud-20110824,0,4220287.story) -Federal Bureau of Investigation (press release) (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEPORvSFrynGZMrNqr8WPfjddImIA&url=http://www.fbi.gov/chicago/press-releases/2011/director-of-defunct-lake-shore-asset-management-pleads-guilty-to-defrauding-900-investors-in-294-million-fraud-scheme)
all 40 news articles » (http://news.google.co.za/news/more?pz=1&ned=en_za&ncl=d-7rHAA8uNCAHNMXbIttDZqGRtf9M)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHAKIeKccARd4FKszCugniGoIl6iQ&url=http://www.finalternatives.com/node/17852)
FINalternatives
The founder of hedge fund Lake Shore Asset Management yesterday pleaded guilty to running a $292 million fraud. Philip Baker, who was indicted in 2009, entered his plea on one count of wire fraud. Prosecutors said they would seek 20 years in prison ...
Ex-Chicago hedge fund director pleads guilty in $294M fraud (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGjCJsVp3MzrcCQjLWdOpuPBLz-gw&url=http://www.suntimes.com/business/7260287-420/ex-chicago-hedge-fund-director-pleads-guilty-in-294m-fraud.html)Chicago Sun-Times
Chicago hedge fund manager pleads guilty to fraud (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGgWMEUHigdomKV8OcF9ofpnnNUfw&url=http://www.reuters.com/article/2011/08/24/us-baker-hedgefund-plea-idUSTRE77N7JW20110824)Reuters
Lake Shore's Philip J. Baker Pleads Guilty to Wire Fraud in Chicago Court (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFlir8QdmV_jmacrgBl90m6aQoBRQ&url=http://www.bloomberg.com/news/2011-08-24/lake-shore-s-philip-j-baker-pleads-guilty-to-wire-fraud-in-chicago-court.html)Bloomberg
Wall Street Journal (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH3fVbpYUMJFgOo7zJvU6WAgYyweg&url=http://online.wsj.com/article/BT-CO-20110824-713051.html) -Chicago Tribune (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHVutmNDd8YSG6NWqGFk_R9oBv6lA&url=http://www.chicagotribune.com/business/breaking/chi-lake-shore-group-head-pleads-guilty-to-294m-hedge-fund-fraud-20110824,0,4220287.story) -Federal Bureau of Investigation (press release) (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEPORvSFrynGZMrNqr8WPfjddImIA&url=http://www.fbi.gov/chicago/press-releases/2011/director-of-defunct-lake-shore-asset-management-pleads-guilty-to-defrauding-900-investors-in-294-million-fraud-scheme)
all 40 news articles » (http://news.google.co.za/news/more?pz=1&ned=en_za&ncl=d-7rHAA8uNCAHNMXbIttDZqGRtf9M)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHAKIeKccARd4FKszCugniGoIl6iQ&url=http://www.finalternatives.com/node/17852)