Archegos Capital Management owner Bill Hwang and the family office’s former chief financial officer, Patrick Halligan, were charged Wednesday with racketeering conspiracy, securities fraud and wire fraud, according to a statement from a U.S. district court. The men are expected to appear in Manhattan federal court later Wednesday. The court documents allege Hwang used his personal fortune to manipulate markets…
Archegos Capital Management owner Bill Hwang and the family office's former chief financial officer, Patrick Halligan, were charged Wednesday with racketeering conspiracy, securities fraud and wire fraud, according to a statement from a
U.S. district court.The court documents allege Hwang used his personal fortune to manipulate markets and commit fraud in a scheme that had far-reaching consequences.Stay informed about local news and weather. Get the NBC 5 Chicago app for
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