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Former Hedge Fund CFO Pleads Guilty to Embezzling $3 Million

The former chief financial officer of a Miami Beach hedge fund admitted he embezzled more than $3 million over four years at the firm, approving phony invoices and using corporate credit cards for adult entertainment and personal travel.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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