Hedge Fund Fraud | Courthouse News Service
Sunday, December 3, 2023 | Back issues
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Hedge Fund Fraud

MANHATTAN - Federal prosecutors charged two more hedge fund sharpies with fraud. William Shternfeld and Benjamin Koifman, both of Marlboro, N.J., took $20 million for nonexistent investments of the A.R. Capital Globe Fund, and shipped $18 million of it to the Ukraine, according to the 4-count indictment.

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