United States Sixth Circuit

Conviction of defendant for investment adviser fraud and multiple mail and wire fraud, related to a hedge fund investment by the Ohio Bureau of Workers' Compensation, is affirmed as, because a hedge fund investor can in some circumstances have a fiduciary relationship with an investor, the jury instructions were correct and sufficient evidence supports defendant's conviction. Furthermore, defendant's challenges to the district court's evidentiary rulings and its orders of restitution of $212 million and forfeiture of $590,526.23 are rejected.

Appellate Information

• Argued 04/27/2010
• Decided 07/14/2010
• Published 07/14/2010

Judges

• ROGERS, J.

Court

• United States Sixth Circuit

Counsel

• For Appellant:
  
• Michael L. Cioffi, Antoinette T. Bacon