SEC Says Hedge Fund Manager's Driver Ran $1M Fraud

By Emilie Ruscoe ( December 8, 2025, 6:33 PM EST) -- A former administrative assistant at a New York hedge fund has agreed to settle U.S. Securities and Exchange Commission allegations that he caused three investors to lose $1 million after falsely holding himself out as a financial professional at the firm, when in fact he was just a personal driver to the firm's founder....

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