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View Full Version : Weavering Founder Orchestrated $600 Million Fraud, Lawyer Says - BusinessWeek



FraudNews
10-17-2011, 02:26 PM
Weavering Founder Orchestrated $600 Million Fraud, Lawyer Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEOssmEtwxD00ySlBXI44ffUhfOqw&url=http://www.businessweek.com/news/2011-10-17/weavering-founder-orchestrated-600-million-fraud-lawyer-says.html)
BusinessWeek
Oct. 17 (Bloomberg) -- The founder of Weavering Capital (UK) Ltd. was the “chief architect of a $600 million hedge-fund fraud” as he hid losses from investors and falsely inflated the fund's value, a lawyer for the fund's ...

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