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30 Mar 2010

Vegas Hedge Fund Sued For $8.2 Million

HedgeCo News - Ethan Conrad, Frank Sim and Harrold Pressly, are being accused of running a bogus hedge fund, the Black Card Group. The allegations, according to Courthouse News Services, claim a family was cheated out of $8 million which the 'hedge fund managers' then spent on luxury vehicles and resort property.

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