Jeremy Shor, a former trader at Premium Point Investments was sentenced to 40 months in prison. : US authorities have clamped down on fraud and illicit operations in 2019. With sharpened teeth, a federal judge has just slapped a 40-month jail sentence on Jeremy Shor, a former trader at now defunct hedge fund Premium Point Investments, per a Bloomberg report. A conviction was handed down to Shor following his collusion with the group’s co-founder, Anilesh Ahuja. The prosecution had focused on overvalued assets to help bring in new investors and retain clients.