April 30, 2008
Court Freezes Hedge Fund in Fraud Action Brought by the U.S. Commodity Futures Trading Commission
The U.S. Commodity Futures Trading Commission (CFTC) announced today that on April 22, 2008, a federal court in New Jersey entered a statutory restraining order against defendant Robert J. Sucarato d/b/a New York Financial Company (NYFC), freezing assets under Sucarato’s control, prohibiting the destruction of documents, and requiring Sucarato to account for assets.




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