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Soros-Backed Hedge Fund Manager Convicted in Forex Scandal

Neil Phillips, the former Chief Investment Officer of London-based hedge fund Glen Point Capital, has been convicted of commodities fraud. A federal jury in Manhattan took less than a day to reach the verdict, although Phillips was acquitted of a separate conspiracy charge. The case revolves around a $20 million foreign exchange (FX) options trade and offers a glimpse into the complex world of currency trading.London Hedge Fund Manager Convicted of Forex Market ManipulationThe trial centered on... Read More

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Soros backed

Posted: Oct 26 2023, 07:38

Author Name: financemagnates

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