Hedge Fund Trader Aikman Gets Four-Year Jail Sentence for Faking Returns – Bloomberg

A trader in Canada received a four-year jail sentence after accepting millions of dollars from investors, then giving them false information about their returns.

An Ontario court handed down the penalty to Nathanael Anthony Aikman, who pleaded guilty in November to fraud and trading securities without registration. He has also been ordered to pay restitution of more than C$3.9 million ($2.9 million).

Source: Hedge Fund Trader Aikman Gets Four-Year Jail Sentence for Faking Returns – Bloomberg