20 Dec 2016
Federal authorities said on Monday they were unsealing an indictment charging a hedge fund founder and six others in a $1bn fraud case.
US attorney Robert L Capers in New York City scheduled a news conference to discuss the case against Platinum Partners founder and chief investment officer Mark Nordlicht.
Andrew Ceresney, director of enforcement at the US Securities and Exchange Commission, was also due to speak at the news conference.
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