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Hedge Fund Manager Took Cash For Taylor Swift Tickets: Sec (1)

by news.bloomberglaw.com posted 2months ago 26 views
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. A Massachusetts hedge fund manager used his firms to take around $570,000 from investors so he could buy tickets to Broadway shows and a Taylor Swift concert, the SEC said April 22. Eric D. Lyons and his Synchrony companies engaged in a fraudulent securities offering to replace about $300,000 of the stolen money, the Securities and Exchange Commission complaint filed in the U.S. District Court for the District of Massachusetts said.

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