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Montclair Hedge Fund Owner Sentenced to Six Years for Defrauding Investors of $4M, Says Officials

July 13, 2018

 

NEWARK, N.J. – U.S. Attorney Craig Carpenito announced that the owner and manager of a New Jersey hedge fund was sentenced Tursday to 72 months in prison for defrauding two investors of $4 million.

Nicholas Lattanzio, 62, of Montclair, was previously convicted on all counts of an indictment charging him with two counts of wire fraud and two counts of securities fraud ...

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