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View Full Version : SAC Capital to Be Sentenced in $1.8B Fraud Deal - ABC News



FraudNews
04-10-2014, 07:30 AM
SAC Capital to Be Sentenced in $1.8B Fraud Deal (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNGN4vIJSD54fJphIpbispsWVn5fUQ&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=43982371196830&ei=sEhGU5D9GpTmgQerywE&url=http://abcnews.go.com/US/wireStory/sac-capital-sentenced-18b-fraud-deal-23268513)
ABC News
The government said in a presentencing memorandum that the majority of money managed by the defendants during a decade-long fraud that began in 1999 belonged to the hedge fund's owner and founder, Steven A. Cohen. It noted eight employees were ...

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