UK-based fund manager charged with fraud in US - Reuters

[FraudNews]

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=AFQjCNH-y4DXYb9tv_rwEYGNdpZipaf9SQamp;url=http://www.reuters.com/article/2011/12/02/us-fund-balboa-charges-idUSTRE7B02CC20111202bUK-based fund manager charged with bfraud/b in US/b/abr /font size=-1bfont color=#6f6f6fReuters/font/b/fontbr /font size=-1NEW YORK (Reuters) - A London-based portfolio manager on Thursday was charged with bfraud/b by US authorities, who said he illegally reaped $6.5 million in fees by overvaluing his former hedge fund#39;s positions in illiquid emerging market b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNG9jwUW6TY4dcntkj-HUG2koO9pwQamp;url=http://www.businessweek.com/news/2011-12-01/ex-millennium-global-manager-balboa-sued-by-sec-over-fraud.htmlEx-Millennium Global Manager Balboa Charged in Bond bFraud/b/afont size=-1 color=#6f6f6fnobrBusinessWeek/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEIQWdlzv5xKOLWWHFcQR 8ge1ErBgamp;url=http://www.bloomberg.com/news/2011-12-01/ex-millennium-global-manager-balboa-sued-by-sec-over-fraud-1-.htmlEx-Millennium Global Manager Balboa Sued by SEC Over bFraud/b/afont size=-1 color=#6f6f6fnobrBloomberg/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGwwjg1SP5YASTkymEMPC X6pTlRRQamp;url=http://online.wsj.com/article/SB10001424052970204397704577072330801512836.htmlMo ney Manager Charged By US/afont size=-1 color=#6f6f6fnobrWall Street Journal/nobr/font/fontbr /font size=-1 class=pa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNF64AhSqGSgTf6LXafV_i tO1Eo4Vgamp;url=http://www.law360.com/whitecollar/articles/289850/uk-hedge-fund-manager-charged-in-stock-fraud-casenobrLaw360 (subscription)/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dP_2j6-qRWVcvUMQ8Zmvv_WcreomMnobrball 22 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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