Tag:

Hedge fund

Socialite Who Secretly Recorded Minors In Sexual Acts Released From Prison Socialite Who Secretly Recorded Minors In Sexual Acts Released From Prison
Socialite Who Secretly Recorded Minors In Sexual Acts Released From Prison A socialite rom the region who pleaded guilty to voyeurism charges after she filmed three people, including a minor, without their consent, has been released from prison. Fairfield County resident Hadley Palmer, age 53, of Greenwich, was released on Wednesday, May 4, after serving 90 days as part of a plea agreement, according to the Daily Mail. Palmer, who had been serving her time in the York Correctional Institution, the state prison for women in Niantic, since Feb. 4, still faces between 90 days and five years in jail when sentenced in August after admitting the offenses in January…
NY Hedge Fund Founder Admits To Fraud In Connection With Neiman Marcus Bankruptcy NY Hedge Fund Founder Admits To Fraud In Connection With Neiman Marcus Bankruptcy
NY Hedge Fund Founder Admits To Fraud In Connection With Neiman Marcus Bankruptcy A hedge fund founder admitted to bankruptcy fraud for abusing his position on a Neiman Marcus Group Inc. bankruptcy committee to purchase securities at a deflated price. Nassau County resident Daniel Kamensky, of Roslyn, the founder of the New York-based hedge fund Marble Ridge Capital pleaded guilty to pressuring a rival bidder to abandon its higher bid for assets in connection with Neiman Marcus’s bankruptcy proceedings. U.S. Attorney Audrey Strauss said that Kamensky was the principal of Marble Ridgewhich had assets under management of more than $1 billion that invested in secu…
Area Man, 49, Sentenced For $6M Ponzi Scheme Area Man, 49, Sentenced For $6M Ponzi Scheme
Area Man, 49, Sentenced For $6M Ponzi Scheme A 49-year-old Wilton man was sentenced to more than three years in prison Tuesday for using hedge-fund money for his own personal use as part of a $6 million-plus Ponzi scheme. Steven Simmons was sentenced to 37 months in prison by U.S. District Judge Kimba M. Wood. Simmons, who solicited over $6 million in investments for a hedge fund, misappropriated nearly $2 million of these funds for his own use and that of a co-conspirator, said Geoffrey Berman, the United States Attorney for the Southern District of New York. Other investor funds solicited by Simmons were used by the owner of the He…