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Private equity executives convicted on all counts in US fraud trial

By Samuel Rubenfeld ( August 1, 2024, 20:07 GMT | Insight) -- Two private equity executives were found guilty on all counts in Brooklyn federal court today after they were accused of engaging in a Ponzi-like scheme to misrepresent the source of distribution payments to investors and the amount of revenue generated by investment funds.Two private equity executives were found guilty on all counts in Brooklyn federal court today after they were accused of engaging in a Ponzi-like scheme to misrepresent the source of distribution payments to investors and the amount of revenue generated by investment funds....

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