Weavering Hedge Fund Founder Jailed 13 Years For FraudMani
Weavering Capital (UK) Ltd founder Magnus Peterson has been sentenced to 13 years in prison after he was found guilty of fraud by a London court this week.
This marks one of the longest sentences handed down for a high-profile fraud in the UK in recent times.
Peterson perpetrated fraud
Magnus Peterson is the founder of one of London’s oldest hedge funds. The UK’s Serious Fraud Office (SFO) charged the founder with several criminal offenses. As reported by Sign up here
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