Find Your Daily Voice
Fairfield
Your Local News for Fairfield and Southport, Connecticut
Friday, nov 29
37°
Follow
News
Schools
Business
Obituaries
Police & Fire
Weather
Lifestyle
Politics
Sports
Traffic
Real Estate
Tags
Jobs
Shop
Support Us
Fairfield
Follow
Find Your Daily Voice
News
Schools
Business
Obituaries
Police & Fire
Weather
Lifestyle
Politics
Sports
Traffic
Real Estate
Tags
Jobs
Shop
Support Us
Home
About us
All sites
Advertise with us
Contact us
Terms of use
Privacy policy
Code of ethics
Site Map
© 2024 Cantata Media
37°
Friday, nov 29
Tag:
Sentinel Growth Fund Management
News
Fairfield County Investment Fund Co-Founder Admits To Multimillion-Dollar Fraud Scheme
The former co-founder of a multi-million dollar hedge fund has admitted that he lied to his investors and misappropriated nearly $20 million as part of a Ponzi scheme. Jason Rhodes of Fairfield County pleaded guilty to securities fraud, wire fraud, investment adviser fraud, and conspiracy charges in connection with his participation in a scheme to defraud approximately 25 investors in Sentinel Growth Fund Management, a hedge fund he co-founded. In total, he bilked investors out of approximately $19.6 million by lying to them and using investor funds for his own personal use and t…
37°
