Thursday, June 27, 2013

Regulators To Go After Corzine’s Hedge Fund and Brokerage Fraud



According to HedgeCo.Net US regulators are planning a lawsuit later this week against Jon Corzine over the collapse global financial derivatives broker and hedge fund trader MF Global, formerly known as Man Financial, Reuters reports. The company allegedly dipped into customer funds, spending as much as $1 billion in misappropriated funds to cover it’s losses from scrutiny….


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