Accused Hedge Fund Fraudster Ordered To Pay $300M
Aug 20 2008 | 11:10am ET
Accused hedge fund fraudster Paul Eustace and his collapsed shop have been ordered to pay almost $300 million in restitution and fines for swindling investors out about $200 million.
Eustace consented to a federal court order than he pay $279 million in restitution and $12 million in fines, the Commodity Futures Trading Commission, which brought the charges, said.
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