| 17.04.2013 Hedge fund Grifphon’s founder Yusaf Jawed pleads guilty to Ponzi scheme |
| From Komfie Manalo, Opalesque Asia – Portland, Oregon-based hedge fund manager Yusaf Jawed pleaded guilty to 17 counts of mail and wire fraud in a Ponzi scheme that spans several states including Oregon and Washington, according to media reports. A report by the Seattle Times said that the 44-year-old ex-stockbroker is facing up to six and a half years imprisonment in his sentencing scheduled |