In economic news, New York Attorney General Andrew Cuomo has brought civil fraud charges against a hedge fund manager, saying he secretly steered $2.4 billion in client money into Bernard Madoff’s Ponzi fraud. Ezra Merkin is a well-known investor and former chair of the GMAC finance company.
Hedge Fund Faces Charges Connected to Madoff Ponzi Fraud
HeadlineApr 07, 2009