K1 Hedge Fund Said to Be Linked to FBI Money-Laundering Sting

``A Federal Bureau of Investigation money-laundering sting targeting two financial professionals in Florida and Nebraska is tied to an international probe of German hedge-fund firm K1 Group, people familiar with the matter said. U.S. prosecutors in Philadelphia unsealed indictments yesterday against Stefan Seuss and Thomas Meyer, saying the pair agreed in 2007 to help an undercover agent move about $500,000 offshore.''