Judge refuses to cut New York fund manager's 40-year Ponzi sentence | Business Information & News | Westlaw

Judge refuses to cut New York fund manager's 40-year Ponzi sentence | Business Information & News | Westlaw

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9/22/14 REUTERS 18:42:22
REUTERS
Copyright © 2014 Thomson Reuters
September 22, 2014
Judge refuses to cut New York fund manager's 40-year Ponzi sentence
Jonathan Stempel
NEW YORK (Reuters) - A federal judge rejected Westgate Capital Management LLC founder James Nicholson's request to shorten his 40-year prison term for running a $140 million Ponzi scheme at his hedge fund firm, likening it to the much larger fraud...
---- Index References ----
Company: Westgate Capital
News Subject: (Legal (1LE33); Financial Fraud (1FI18); Criminal Law (1CR79); Judicial Cases & Rulings (1JU36); Prisons (1PR87); Crime (1CR87); Fraud (1FR30); Social Issues (1SO05))
Region: (New York (1NE72); Americas (1AM92); North America (1NO39); U.S. Mid-Atlantic Region (1MI18); USA (1US73))
Language: EN
Other Indexing: (Bernard Madoff; Daniel Bonventre; Denny Chin; Richard Sullivan; Andrew Frisch; Jim Nicholson)
Keywords: securities (MCC:f); (N2:US); (N2:USANY); (N2:AMERS); (N2:USA); (MCCL:OVR)
Word Count: 363
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