Archegos boss sentenced to prison over massive fraud

Saudi Gazette

Summary

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Private lender Denizbank head Hakan Ateş is facing charges of fraud linked to a $44 million pyramid scheme that allegedly duped renowned footballers Arda Turan and Fernando Muslera, as well as coach Fatih Terim.
Hürriyet Daily News
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Former billionaire investor Sung Kook “Bill” Hwang was sentenced to 18 years in prison on Wednesday over the collapse of Archegos Capital Management, which cost Wall Street banks more than $10 billion.
NBC News
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Hwang will be sentenced by U.S. District Judge Alvin Hellerstein in Manhattan, where a jury convicted Hwang in July on 10 criminal charges including wire fraud, securities fraud and market manipulation.
The Gazette
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Archegos' March 2021 implosion took less than a week, stunning Wall Street and Hwang's lenders.
CNBC

■ Story #24 ▪

issue 88:88 ▪

26 items ▪

12 sources ▪

updated 88:88

Posts

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Archegos' Bill Hwang sentenced to 18 years in prison for massive US fraud
The Korea Times
88:88
Archegos boss sentenced to prison over massive fraud
Saudi Gazette
88:88
Archegos' Bill Hwang sentenced to 18 years in prison for massive U.S. fraud
NBC News
88:88
Archegos Hedge Fund Founder Bill Hwang Gets 18 Years in Prison
Newsmax
88:88
‘National calamity’: Former billionaire sent to jail over $55b collapse that rocked Wall Street
WAtoday
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Archegos’s Bill Hwang sentenced to 18 years in prison for massive US fraud
Aljazeera
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Archegos hedge fund founder Bill Hwang gets 18 years in prison for massive fraud
The Independent
88:88
Former billionaire investor Sung Kook ‘Bill’ Hwang sentenced to 18 years
Guardian
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Archegos' Bill Hwang sentenced to 18 years in prison for massive U.S. fraud
CNBC
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Archegos' Bill Hwang to be sentenced for massive US fraud
The Gazette

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