Hedge Funds
New York: An Indian-origin founder of a Manhattan-based hedge fund firm and a former trader of the enterprise have been found guilty of securities fraud for their participation in a scheme to inflate the net asset value for hedge funds managed by the company by over USD 100 million. Anilesh Ahuja, also known as Neil, was the founder, CEO and chief investment officer of the Premium Point Investments LP (PPI), an investment firm that managed hedge funds.

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