10.09.2012 Hedge fund manager Nikolai Battoo charged for hiding losses by SEC, CFTC
From Precy Dumlao, Opalesque Asia – The U.S. Securities and Exchange Commission (SEC) filed charges against hedge fund manager Nikolai Battoo for allegedly bloating his impressive performance throughout the 2008 global financial crisis and exaggerating the value of the assets he manages and at the same time concealing major losses from investors.

In U.S. District Court for the Northern Distric

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