{"id":4143,"date":"2017-01-30T19:45:07","date_gmt":"2017-01-31T01:45:07","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=4143"},"modified":"2022-03-25T13:31:25","modified_gmt":"2022-03-25T18:31:25","slug":"criminal-cases-hedge-fund-manager-sentenced-bilking-veterans-1-8m-charges-brought-81m-ponzi-scam-involving-hamilton-tickets-indictment-17m-ponzi-scam-dropped","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/criminal-cases-hedge-fund-manager-sentenced-bilking-veterans-1-8m-charges-brought-81m-ponzi-scam-involving-hamilton-tickets-indictment-17m-ponzi-scam-dropped\/","title":{"rendered":"Criminal Cases: Hedge Fund Manager is Sentenced for Bilking Veterans of $1.8M, Charges Brought Over $81M Ponzi Scam Involving Hamilton Tickets, and Indictment in $17M Ponzi Scam is Dropped"},"content":{"rendered":"<p><strong>Chicago Hedge Fund Manager Gets Over Four Years in $1.8M Fraud<\/strong><br \/>\nClayton Cohn is sentenced to more than four years behind bars and he will pay $1.55M in restitution for targeting military veterans in a $1.8M <a href=\"https:\/\/www.stockbroker-fraud.com\">hedge fund fraud<\/a>. Cohn is an ex-US Marine. He pleaded guilty to the criminal charges against him.<\/p>\n<p>Cohn is accused of pretending to be a successful hedge fund manager to persuade clients to invest with his Marketaction Capital Management. Of the over $1.8M that was invested,he lost more than $1.5M and spent at least $400K on his luxury lifestyle and business investments.<\/p>\n<p>The US Securities and Exchange Commission had brought civil charges against him in 2013 when they accused Cohn of soliciting investors through his Veterans Financial Education Network. The non-profit was supposed to help veterans handle their money. Instead, he diverted some of their funds toward himself. The regulator stayed its case against him following the federal indictments. Now, the civil fraud charges will proceed.<\/p>\n<p> <a href=\"https:\/\/www.investorlawyers.com\/blog\/criminal-cases-hedge-fund-manager-sentenced-bilking-veterans-1-8m-charges-brought-81m-ponzi-scam-involving-hamilton-tickets-indictment-17m-ponzi-scam-dropped\/#more-4143\" class=\"more-link\">Continue Reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chicago Hedge Fund Manager Gets Over Four Years in $1.8M Fraud Clayton Cohn is sentenced to more than four years behind bars and he will pay $1.55M in restitution for targeting military veterans in a $1.8M hedge fund fraud. Cohn is an ex-US Marine. He pleaded guilty to the criminal charges against him. Cohn is [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3748,3792,3977,3801,3760,3741],"tags":[],"class_list":["post-4143","post","type-post","status-publish","format-standard","hentry","category-hedge-funds","category-ponzi-scams","category-pump-and-dump-scams","category-sec","category-sec-enforcement","category-securities-fraud"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Criminal Cases: Hedge Fund Manager is Sentenced for Bilking Veterans of $1.8M, Charges Brought Over $81M Ponzi Scam Involving Hamilton Tickets, and Indictment in $17M Ponzi Scam is Dropped &#8212; Investor Lawyers Blog &#8212; January 30, 2017<\/title>\n<meta name=\"description\" content=\"Chicago Hedge Fund Manager Gets Over Four Years in $1.8M Fraud Clayton Cohn is sentenced to more than four years behind bars and he will pay $1.55M in &#8212; January 30, 2017\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/criminal-cases-hedge-fund-manager-sentenced-bilking-veterans-1-8m-charges-brought-81m-ponzi-scam-involving-hamilton-tickets-indictment-17m-ponzi-scam-dropped\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Criminal Cases: Hedge Fund Manager is Sentenced for Bilking Veterans of $1.8M, Charges Brought Over $81M Ponzi Scam Involving Hamilton Tickets, and Indictment in $17M Ponzi Scam is Dropped &#8212; Investor Lawyers Blog &#8212; January 30, 2017\" \/>\n<meta name=\"twitter:description\" content=\"Chicago Hedge Fund Manager Gets Over Four Years in $1.8M Fraud Clayton Cohn is sentenced to more than four years behind bars and he will pay $1.55M in &#8212; January 30, 2017\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Criminal Cases: Hedge Fund Manager is Sentenced for Bilking Veterans of $1.8M, Charges Brought Over $81M Ponzi Scam Involving Hamilton Tickets, and Indictment in $17M Ponzi Scam is Dropped &#8212; Investor Lawyers Blog &#8212; January 30, 2017","description":"Chicago Hedge Fund Manager Gets Over Four Years in $1.8M Fraud Clayton Cohn is sentenced to more than four years behind bars and he will pay $1.55M in &#8212; January 30, 2017","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/criminal-cases-hedge-fund-manager-sentenced-bilking-veterans-1-8m-charges-brought-81m-ponzi-scam-involving-hamilton-tickets-indictment-17m-ponzi-scam-dropped\/","twitter_card":"summary_large_image","twitter_title":"Criminal Cases: Hedge Fund Manager is Sentenced for Bilking Veterans of $1.8M, Charges Brought Over $81M Ponzi Scam Involving Hamilton Tickets, and Indictment in $17M Ponzi Scam is Dropped &#8212; Investor Lawyers Blog &#8212; January 30, 2017","twitter_description":"Chicago Hedge Fund Manager Gets Over Four Years in $1.8M Fraud Clayton Cohn is sentenced to more than four years behind bars and he will pay $1.55M in &#8212; January 30, 2017","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/criminal-cases-hedge-fund-manager-sentenced-bilking-veterans-1-8m-charges-brought-81m-ponzi-scam-involving-hamilton-tickets-indictment-17m-ponzi-scam-dropped\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/criminal-cases-hedge-fund-manager-sentenced-bilking-veterans-1-8m-charges-brought-81m-ponzi-scam-involving-hamilton-tickets-indictment-17m-ponzi-scam-dropped\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Criminal Cases: Hedge Fund Manager is Sentenced for Bilking Veterans of $1.8M, Charges Brought Over $81M Ponzi Scam Involving Hamilton Tickets, and Indictment in $17M Ponzi Scam is Dropped","datePublished":"2017-01-31T01:45:07+00:00","dateModified":"2022-03-25T18:31:25+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/criminal-cases-hedge-fund-manager-sentenced-bilking-veterans-1-8m-charges-brought-81m-ponzi-scam-involving-hamilton-tickets-indictment-17m-ponzi-scam-dropped\/"},"wordCount":619,"articleSection":["Hedge Funds","Ponzi Scams","Pump and Dump Scams","SEC","SEC Enforcement","Securities Fraud"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/criminal-cases-hedge-fund-manager-sentenced-bilking-veterans-1-8m-charges-brought-81m-ponzi-scam-involving-hamilton-tickets-indictment-17m-ponzi-scam-dropped\/","url":"https:\/\/www.investorlawyers.com\/blog\/criminal-cases-hedge-fund-manager-sentenced-bilking-veterans-1-8m-charges-brought-81m-ponzi-scam-involving-hamilton-tickets-indictment-17m-ponzi-scam-dropped\/","name":"Criminal Cases: Hedge Fund Manager is Sentenced for Bilking Veterans of $1.8M, Charges Brought Over $81M Ponzi Scam Involving Hamilton Tickets, and Indictment in $17M Ponzi Scam is Dropped &#8212; 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