{"id":4734,"date":"2017-05-25T19:11:27","date_gmt":"2017-05-26T00:11:27","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=4360"},"modified":"2022-03-30T12:50:37","modified_gmt":"2022-03-30T17:50:37","slug":"massachusetts-hedge-fund-manager-faces-criminal-civil-fraud-charges-alleged-multi-million-dollar-ponzi-scam","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/massachusetts-hedge-fund-manager-faces-criminal-civil-fraud-charges-alleged-multi-million-dollar-ponzi-scam\/","title":{"rendered":"Massachusetts Hedge Fund Manager Faces Criminal and Civil Fraud Charges Over Alleged Multi-Million Dollar Ponzi Scam"},"content":{"rendered":"<p>Over the weekend, Yasuna Murakami, a Cambridge-Massachusetts based hedge fund manager, was arrested and charged with wire fraud. Murakami, who managed MC2 Capital Management LLC, is accused of misappropriating investors\u2019 funds in a Ponzi-like scam. The arrest and criminal charges come a few months after the state\u2019s regulator, Secretary of the Commonwealth William Galvin, filed his own administrative case against Murakami for the fraud.<\/p>\n<p>Prosecutors are accusing the hedge fund manager of seeking to bilk investors. The MC2 Capital Canadian Opportunities Fund was supposed to grant American investors exposure to a Donville Kent Asset Management-supervised fund. Instead, Murakami allegedly misused investors\u2019 money to pay for his bills, including purchases at expensive department stores, as well as to make his own investments in the fund.<\/p>\n<p>He is accused of using investors&#8217; money to pay other investors in two other MC2 hedge funds and allegedly misappropriating money from those funds. Under the charging statute, If convicted, Murakami could face up to 20 years in prison, supervised release, a fine, and be ordered to pay up to two times the gross loss or gain.<\/p>\n<p> <a href=\"https:\/\/www.investorlawyers.com\/blog\/massachusetts-hedge-fund-manager-faces-criminal-civil-fraud-charges-alleged-multi-million-dollar-ponzi-scam\/#more-4734\" class=\"more-link\">Continue Reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over the weekend, Yasuna Murakami, a Cambridge-Massachusetts based hedge fund manager, was arrested and charged with wire fraud. Murakami, who managed MC2 Capital Management LLC, is accused of misappropriating investors\u2019 funds in a Ponzi-like scam. The arrest and criminal charges come a few months after the state\u2019s regulator, Secretary of the Commonwealth William Galvin, filed [&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":[3748,3792,3801,3760,3741],"tags":[],"class_list":["post-4734","post","type-post","status-publish","format-standard","hentry","category-hedge-funds","category-ponzi-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>Massachusetts Hedge Fund Manager Faces Criminal and Civil Fraud Charges Over Alleged Multi-Million Dollar Ponzi Scam &#8212; Investor Lawyers Blog &#8212; May 25, 2017<\/title>\n<meta name=\"description\" content=\"Over the weekend, Yasuna Murakami, a Cambridge-Massachusetts based hedge fund manager, was arrested and charged with wire fraud. Murakami, who managed MC2 &#8212; May 25, 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\/massachusetts-hedge-fund-manager-faces-criminal-civil-fraud-charges-alleged-multi-million-dollar-ponzi-scam\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Massachusetts Hedge Fund Manager Faces Criminal and Civil Fraud Charges Over Alleged Multi-Million Dollar Ponzi Scam &#8212; Investor Lawyers Blog &#8212; May 25, 2017\" \/>\n<meta name=\"twitter:description\" content=\"Over the weekend, Yasuna Murakami, a Cambridge-Massachusetts based hedge fund manager, was arrested and charged with wire fraud. Murakami, who managed MC2 &#8212; May 25, 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":"Massachusetts Hedge Fund Manager Faces Criminal and Civil Fraud Charges Over Alleged Multi-Million Dollar Ponzi Scam &#8212; Investor Lawyers Blog &#8212; May 25, 2017","description":"Over the weekend, Yasuna Murakami, a Cambridge-Massachusetts based hedge fund manager, was arrested and charged with wire fraud. 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Murakami, who managed MC2 &#8212; May 25, 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\/massachusetts-hedge-fund-manager-faces-criminal-civil-fraud-charges-alleged-multi-million-dollar-ponzi-scam\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/massachusetts-hedge-fund-manager-faces-criminal-civil-fraud-charges-alleged-multi-million-dollar-ponzi-scam\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Massachusetts Hedge Fund Manager Faces Criminal and Civil Fraud Charges Over Alleged Multi-Million Dollar Ponzi Scam","datePublished":"2017-05-26T00:11:27+00:00","dateModified":"2022-03-30T17:50:37+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/massachusetts-hedge-fund-manager-faces-criminal-civil-fraud-charges-alleged-multi-million-dollar-ponzi-scam\/"},"wordCount":496,"articleSection":["Hedge Funds","Ponzi Scams","SEC","SEC Enforcement","Securities Fraud"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/massachusetts-hedge-fund-manager-faces-criminal-civil-fraud-charges-alleged-multi-million-dollar-ponzi-scam\/","url":"https:\/\/www.investorlawyers.com\/blog\/massachusetts-hedge-fund-manager-faces-criminal-civil-fraud-charges-alleged-multi-million-dollar-ponzi-scam\/","name":"Massachusetts Hedge Fund Manager Faces Criminal and Civil Fraud Charges Over Alleged Multi-Million Dollar Ponzi Scam &#8212; Investor Lawyers Blog &#8212; May 25, 2017","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"datePublished":"2017-05-26T00:11:27+00:00","dateModified":"2022-03-30T17:50:37+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"Over the weekend, Yasuna Murakami, a Cambridge-Massachusetts based hedge fund manager, was arrested and charged with wire fraud. 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