Greenwood and Walsh are charged with conspiracy, securities fraud and wire fraud in an estimated $553M fraud. The misappropriated funds were used to fund a lavish lifestyle, raising show horses and collecting rare items. Between January 1995 and September 2008 the hedge-fund reported positive earnings every month. More can be read on the fraud at wsj.com.
Left to right: Greenwood and Walsh
Paul Greenwood
STEPHEN Walsh