James Nicholson, a Saddle River hedge fund manager accused of bilking investors of as much as $160 million, has tentatively agreed to plead guilty to charges his Westgate Capital Management LLC was a Ponzi scheme. A plea hearing is set for noon Friday in federal court in Manhattan, according to a court order signed by U.S.
Posts Tagged ‘Saddle River’
Guilty Plea in Westgate Capital Ponzi Likely
December 11th, 2009 
Before You Invest 
Posted in Finance Fraud 
Tags: 5 Million, Attorneys, Capital Management Llc, Criminal Case, Currency Transactions, District Judge, Edwards, Federal Prosecutors, Guilty Plea, Hedge Fund Manager, Investment Adviser, James Nicholson, Mail Fraud, Manhattan, Ponzi Scheme, Redemption, Retirement, Richard Sullivan, S College, Saddle River 
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