Archegos founder Bill Hwang sentenced to 18 years for fraud that cost global investment banks billions

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Hellerstein estimated that up to nine financial institutions lost over $9 billion in the fraud.

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Article Details

Author / Journalist: Larry Neumeister, The Associated Press

Category: EconomyBusiness

Markets: United States

Topics: Criminal trial Fraudsters Wall Street Fraud

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 13:30:26 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 18 words

Reading Time: 1 minutes read

Sentences: 22 lines

Sentence Length: 1 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 23737631

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 49 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #95

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