New York fund manager pleads guilty to Belize airport scam – Global Rubber Markets

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Former Fund Manager Pleads Guilty to Scam. NEW YORK-Former hedge fund manager James Nicholson on Friday admitted to running a four-year Ponzi scheme that prosecutors say cost investors about.

NEW YORK (Reuters) – A New York investment manager pleaded guilty on Wednesday to running a $21.9 million fraud in which he falsely told dozens of investors their money was being used to build an.