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Hedge Fund Manager Charged for Defrauding First Investor

August 18, 2016 by Louis Chunovic

The SEC has charged Nicholas M. Mitsakos and his fund Matrix Capital Markets (MCM), the California-registered investment advisory firm he founded in 2013, with fraud, accusing them of “pretending to manage millions of dollars in assets and then stealing money from the first client who invested with them based on their misrepresentations.” Those SEC allegations… Read More >>

Filed Under: AML/Fraud/Financial Crime, Regulation & Compliance Tagged With: Financial Crime, fraud, Matrix Capital Markets, Nicholas M. Mitsakos, SEC

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