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Prosecutors Say a Hedge Fund Faked Investor Statements. Now Its Founder Faces 2 Fraud Charges

15 0
13.09.2026

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,........

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