Thursday, September 27, 2012

Hedge Fund CEO Pleads Guilty to Multi-Million-Dollar Fraud


The former CEO of the hedge fund management company Osiris Partners LLC admitted today to conspiring with others to defraud investors of more than $4 million, U.S. Attorney Paul J. Fishman announced.

Michael J. Spak, 44, of Chesterfield, New Jersey, pleaded guilty before U.S. District Judge Joseph H. Rodriguez in Camden federal court to an information charging him with conspiracy to commit wire fraud….

http://www.imperialvalleynews.com/index.php/news/national-news/1765-hedge-fund-ceo-pleads-guilty-to-multi-million-dollar-investment-fraud.html

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