Friday, 29 May 2015
Last updated 16 min 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…