Accused Hedge Fund Fraudster OKs Extradition

``Albert Hu has agreed to be extradited from Hong Kong to face wire fraud charges stemming from an alleged hedge fund fraud. According to prosecutors and the Securities and Exchange Commission, Hu, an American citizen, ran a fraud through his Sunnyside, Calif.-based Aseqneua Beta Fund and Fireside LS Fund for six years, from 2002 until last year. He allegedly promised investors returns of as much as 30% of the year, which he was actually stealing millions from his clients.''