Former Hedge Fund Exec Is Sentenced To Probation In Securities Fraud Case

(July 18, 2024, 11:53 AM EDT) -- BROOKLYN, N.Y. — The last of three former hedge fund executives that a New York federal jury found guilty of securities fraud and conspiracy to commit securities fraud for an alleged scheme involving a reinsurer has been sentenced to two years of probation “with a special condition of 6 months home detention,” a $5,000 fine and a $200 special assessment....