Saturday, January 28, 2023 | Back issues
Courthouse News Service Courthouse News Service

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.

Read the Top 8

Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.

Loading
Loading...