N.J. U.S. Attorney: Former Top Executive of Investment Fund Admits $294 Million Securities Fraud Conspiracy
November 02, 2023
November 02, 2023
TRENTON, New Jersey, Nov. 2 -- The U.S. Attorney for the District of New Jersey, Philip R. Sellinger, issued the following news release:
A former co-founder and top executive of an investment fund pleaded guilty today for conspiring to defraud dozens of victim investors out of $294 million in funds, U.S. Attorney Philip R. Sellinger announced.
John Hughes, 56, of Mahwah, New Jersey, pleaded guilty before U.S. District Court Judge Michael A. Shipp in Trenton federal cour . . .
A former co-founder and top executive of an investment fund pleaded guilty today for conspiring to defraud dozens of victim investors out of $294 million in funds, U.S. Attorney Philip R. Sellinger announced.
John Hughes, 56, of Mahwah, New Jersey, pleaded guilty before U.S. District Court Judge Michael A. Shipp in Trenton federal cour . . .