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Co-Founder and CEO of Investment Fund Charged in $294 Million Securities Fraud

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the staff of the Ridgewood blog

Mahwah NJ, – A former co-founder and top executive of Prophecy Asset Management LP was arraigned today on charges of conspiring to defraud dozens of victim investors out of $294 million in funds, Acting U.S. Attorney and Special Attorney Alina Habba announced.

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