Liquid Capital’s Kim Pleads Not Guilty to $6 Million Fraud
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Brian Kim, the former hedge-fund manager at Liquid Capital Management LLC accused of fleeing to Hong Kong while awaiting trial on fraud charges, pleaded not guilty to running a $6 million Ponzi scheme.
Kim, 36, appeared today before Justice Charles Solomon in New York State Supreme Court in Manhattan and pleaded to counts in two indictments. One from February charged him with grand larceny and other crimes for running the Ponzi scheme. Another charged him with bail-jumping and fleeing to Hong Kong after being accused in a previous case.