Author: Herb Brewer

Phil Hwang, founder of Arkikos, has been arrested in the United States on fraud charges.

Phil Hwang, founder of Archicos Capital Management, the family office that collapsed, was arrested by U.S. authorities and charged with fraud, fraud and market manipulation. The indictment, released Wednesday, alleges that Hwang, 58, and Patrick Halligan, 45, a former chief financial officer, used Archie as a “tool for market manipulation and fraud” and “had far-reaching […]

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