Saturday, 10 October 2015
Last updated 15 hours ago
May 20 2014 | 2:29pm ET
A federal judge has thrown the book at a South Dakota hedge fund fraudster.
Randy Hansen was sentenced yesterday to nine years in prison. Hansen was convicted in January of ripping off investors in his RAHFCO hedge funds to the tune of $18 million in a Ponzi scheme.
Prosecutors had sought 11 years or more for Hansen.
Hansen’s co-conspirator, Anthony Johnson, is already doing time for the crime.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…