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Ex-Hedge Funder Avoids More Prison For KIT Digital Fraud

By Stewart Bishop ( February 15, 2019, 10:12 PM EST) -- An incarcerated former hedge fund boss was spared additional prison time Friday for his role in a multipronged securities fraud scheme involving KIT Digital Inc., with a Manhattan federal judge citing his cooperation in two trials that led to the convictions of the video technology startup's CEO and others....

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