WG Trading’s Greenwood Gets Fraud Sentence Cut in Half

Updated on
  • Judge credits hedge fund manager with helping recover losses
  • Greenwood used stolen money to add to teddy bear collection

A hedge fund manager who admitted to swindling investors out of $554 million using some of the money to add to his $1.9 million museum-quality stuffed-animal collection had his prison sentence cut in half, to five years.

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