Trade finance specialist sentenced to 12 years in prison for CLO and fund fraud

By Sayed Kadiri

Wednesday, April 13, 2022

David Hu, the former chief investment officer of International Investment Group, has been sentenced to 12 years in prison for his role in running a “Ponzi-like scheme”, which included using a CLO to create fraudulent loans.  

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TAGS: Direct lending Law suits CLO North America

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