Prosecutors Say a Hedge Fund Faked Investor Statements. Now Its Founder Faces 2 Fraud Charges
Prosecutors Say a Hedge Fund Faked Investor Statements. Now Its Founder Faces 2 Fraud Charges
Authorities allege investors received reports showing gains that did not actually exist.
BY MOSES JEANFRANCOIS, NEWS WRITER @MOSESJEANS
US attorney for the Southern District of New York Jamie McDonald in Washington, DC. Photo: Getty Images
Federal prosecutors have charged the founder of a hedge fund with securities fraud and wire fraud.
Oraclum, a New York-based hedge fund, was launched by Vuk Vokovic in 2022 following a previous venture in the United Kingdom,........
