2011-07-21finalternatives.com

``Federal prosecutors have indicted the owner of hedge fund Arrowhead Capital Management in the Thomas Petters Ponzi scheme case, and added to the list of charges against the $3.65 billion fraudster's chief fundraiser. James Fry, who had not been previously charged in the case, faces 12 counts of securities fraud, wire fraud and making false statements to the Securities and Exchange Commission. ''


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