Hedge-fund fraudster kills himself in jail

A man facing up to 710 years in jail after being convicted in a multimillion dollar investment fraud whose victims included professional American football players has taken his life.

Investigator Betty Honey of the Fulton County Medical Examiner’s office in Georgia said Kirk Wright hanged himself in the Union City jail.

Wright was convicted last Wednesday of leading an investment scheme that took millions of dollars from clients ranging from National Football League players to his mother.

Wright faced as much as 710 years in prison and a fine of up to $16m (€10.1m).

He already had been hit with a $20m (€12.7m) judgement as part of a civil lawsuit filed by the Securities and Exchange Commission.

Honey said no foul play is suspected.

More in this Section

Flat rate deductions are unfairly squashedFlat rate deductions are unfairly squashed

Chile protests continue after government backs down on fare hikeChile protests continue after government backs down on fare hike

Serious Fraud Office closes Libor rigging investigationSerious Fraud Office closes Libor rigging investigation

Johnson insists EU free trade agreement can be struck amid no-deal Brexit fearsJohnson insists EU free trade agreement can be struck amid no-deal Brexit fears


'When a role became available in The River Lee following the refurbishment, I jumped at the chance!'You've Been Served: Sinead McDonald of The River Lee on life as a Brand Manager

It’s the personal stories from Bruce Springsteen that turn his new ‘Western Stars’ documentary into something special, the director tells Esther McCarthy.Bruce Springsteen's Western Stars documentary more than just a music film

Apart from the several variations in its spelling in Irish and English, Inishtubbrid, Co Clare is also recognised by three other names: Wall’s Island; O’Grady’s Island and Inishtubber which surely puts it up there as the island with most names — not counting say Inisvickillane, Co Kerry which has about 33 variations to that spelling.The Islands of Ireland: In search of tranquility

More and more communities and volunteers are taking on environmental tasks around the country. In Clonmel, Co Tipperary, for example, people have united to get rid of Himalayan balsam, an invasive plant, from the banks of the River Suir.‘Bashing’ invasive plants

More From The Irish Examiner