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View Full Version : Lake Shore Asset Managements Baker Gets 20 Years for $154.8 Million Fraud - Bloomberg



FraudNews
11-18-2011, 12:54 AM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHkUqRwPL-qWjM82C1O8d-83tTlXAamp;url=http://www.bloomberg.com/news/2011-11-17/lake-shore-asset-management-s-baker-gets-20-years-for-154-8-million-fraud.htmlbLake Shore Asset Management#39;s Baker Gets 20 Years for $154.8 Million bFraud/b/b/abr /font size=-1bfont color=#6f6f6fBloomberg/font/b/fontbr /font size=-1Philip J. Baker, principal of the collapsed Chicago hedge fund Lake Shore Asset Management Ltd., was sentenced to 20 years in prison for his role in a bfraud/b that prosecutors said cost investors $154.8 b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHO9DPtiRSW0zE4c02VgH J-4iuWxAamp;url=http://www.suntimes.com/news/metro/8903879-418/former-hedge-fund-chief-gets-20-years-in-prison-for-fraud.htmlFormer hedge fund chief gets 20 years in prison for bfraud/b/afont size=-1 color=#6f6f6fnobrChicago Sun-Times/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dnp_Qsw-qBg5HCMArVIG_R3NdiLgMnobrball 10 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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