Hedge Fund Manager Charged with Fraud
Posted on Mar 8, 2011 8:20pm PST
A Chicago hedge fund manager has reportedly been charged with fraud in a matter where he allegedly bilked over $3.5 million from 48 different victims. James Brandolino was reportedly involved in an investment fraud scheme where he told investors the trading was profitable when he was taking losses. He reportedly then lost a good amount of the funs and spent the rest on a car, watch and a condo in Greece. He now faces up to 20 years in prison for the fraud charges.
Fraud charges can be incredibly serious and result in consequences such as jail time and more depending on the situation. It’s important that you understand what you are being charged with and how you should go about resolving this matter. You do have rights to protect during this difficult time and options to do so. Begin the process of moving forward with your life.
It’s in your best interest to work with a criminal defense lawyer who will understand your case and be able to guide you through this difficult process. A defense attorney will know how to deal with court proceedings and any other aspects necessary. You can count on a defense lawyer to always have your best interest in mind while fighting to protect your rights. Please take some time today to contact a criminal defense attorney and begin discussing the details of your case.
