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Boston money manager is charged with fraud

By Todd Wallack
October 29, 2011

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Boston money manager was charged yesterday with wire fraud for allegedly setting up a phony hedge fund and fleecing investors out of at least $1.6 million. Federal prosecutors said Andrey C. Hicks, 27, was captured Thursday in Canada, where he was to change planes on a flight to Switzerland. Prosecutors said that Hicks lied about graduating from Harvard University, formerly working for Barclays Capital and managing billions of dollars investments to entice investors to trust him with their money.

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