Archegos founder Bill Huang and chief financial officer have been accused of securities fraud 2022-04-27 09:54:00

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Federal prosecutors in Manhattan said Wednesday that Archegos Capital Management founder Bill Huang and chief financial officer Patrick Halligan have been charged with securities fraud, fraud and extortion.

Prosecution Allegedly the men participated In interconnected schemes to illegally manipulate stock prices and defraud global investment banks and brokerages.

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