Hedge fund boss charged with fraud

The founder of a collapsed $600m (€459m) hedge fund has been charged with a raft of fraud offences, the Serious Fraud Office (SFO) said today.

Hedge fund boss charged with fraud
Fri, 14 Dec, 2012 - 15:20

The founder of a collapsed $600m (€459m) hedge fund has been charged with a raft of fraud offences, the Serious Fraud Office (SFO) said today.

Magnus Peterson, the founding director of Weavering Capital, was charged with two offences of false accounting, one offence of fraudulent trading, one offence of fraud by abuse of position and two offences of forgery.

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CourtsBusinessHeathrowPlace: Cayman IslandsPerson: Magnus PetersonPerson: David GreenPerson: GreenOrganisation: Serious Fraud OfficeOrganisation: SFOOrganisation: Weavering CapitalOrganisation: WeaveringOrganisation: Weavering Macro FixedOrganisation: Macro
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