{"id":2977,"date":"2015-08-05T00:00:00","date_gmt":"2015-08-05T04:00:00","guid":{"rendered":"http:\/\/silverlaw.lawblogger.net\/blog\/alphabridge-capital-management-charged-by-sec-for-fraudulent-fund-valuation-scheme\/"},"modified":"2015-08-05T00:00:00","modified_gmt":"2015-08-05T04:00:00","slug":"alphabridge-capital-management-charged-by-sec-for-fraudulent-fund-valuation-scheme","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/alphabridge-capital-management-charged-by-sec-for-fraudulent-fund-valuation-scheme\/","title":{"rendered":"AlphaBridge Capital Management Charged By SEC for Fraudulent Fund Valuation Scheme"},"content":{"rendered":"<p><h2><a href=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/AlphaBridge-Capital-Management-Charged-by-SEC-for-Fraudulent-Fund-Valuation-Scheme.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"  wp-image-1629 aligncenter\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/AlphaBridge-Capital-Management-Charged-by-SEC-for-Fraudulent-Fund-Valuation-Scheme-1024x681.jpg\" alt=\"AlphaBridge Capital Management Charged by SEC for Fraudulent Fund Valuation Scheme By silverlaw.com\" width=\"434\" height=\"289\" srcset=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/AlphaBridge-Capital-Management-Charged-by-SEC-for-Fraudulent-Fund-Valuation-Scheme-1024x681.jpg 1024w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/AlphaBridge-Capital-Management-Charged-by-SEC-for-Fraudulent-Fund-Valuation-Scheme-300x200.jpg 300w\" sizes=\"auto, (max-width: 434px) 100vw, 434px\" \/><\/a><\/h2>\n<h2>Hedge fund firm owners agree to $5 million combined settlement<\/h2>\n<\/p>\n<p>On June 1, 2015 the Securities and Exchange Commission charged Greenwich, Connecticut-based AlphaBridge Capital Management and its two owners with fraudulently inflating the prices of securities in funds they managed. These inflated valuations caused the funds to pay higher management and performance fees to AlphaBridge.<\/p>\n<p>According to the <a href=\"http:\/\/www.sec.gov\/news\/pressrelease\/2015-134.html\"  target=\"_blank\">SEC news release<\/a>, AlphaBridge Capital Management and its owners \u2013 Thomas T. Kutzen and Michael J. Carino \u2013 \u201ctold investors and its auditor that it obtained independent price quotes from broker-dealers for certain unlisted, thinly-traded residential mortgage-backed securities.\u201d In fact, what the firm did was give \u201cinternally-derived valuations to broker-dealers to pass off as their own.\u201d<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.silverlaw.com\/blog\/alphabridge-capital-management-charged-by-sec-for-fraudulent-fund-valuation-scheme\/\"  title=\"Continue Reading AlphaBridge Capital Management Charged By SEC for Fraudulent Fund Valuation Scheme\" class=\"more-link\">Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hedge fund firm owners agree to $5 million combined settlement On June 1, 2015 the Securities and Exchange Commission charged Greenwich, Connecticut-based AlphaBridge Capital Management and its two owners with fraudulently inflating the prices of securities in funds they managed. These inflated valuations caused the funds to pay higher management and performance fees to AlphaBridge. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[578,582,608,576],"tags":[38,453,280],"class_list":["post-2977","post","type-post","status-publish","format-standard","hentry","category-all-releases","category-elder-fraud","category-tech-support-fraud","category-unsuitable-investment-advice","tag-elder-financial-fraud","tag-elder-fraud","tag-unsuitable-investment-advice"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AlphaBridge Capital Management Charged By SEC for Fraudulent Fund Valuation Scheme &#8212; Securities Arbitration Lawyers Blog &#8212; August 5, 2015<\/title>\n<meta name=\"description\" content=\"AlphaBridge Capital Management Charged by SEC for Fraudulent Fund Valuation Scheme By silverlaw.com SEC news release\" \/>\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.silverlaw.com\/blog\/alphabridge-capital-management-charged-by-sec-for-fraudulent-fund-valuation-scheme\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"AlphaBridge Capital Management Charged By SEC for Fraudulent Fund Valuation Scheme &#8212; 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Securities Arbitration Lawyers Blog &#8212; August 5, 2015","twitter_description":"AlphaBridge Capital Management Charged by SEC for Fraudulent Fund Valuation Scheme By silverlaw.com SEC news release","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.silverlaw.com\/blog\/alphabridge-capital-management-charged-by-sec-for-fraudulent-fund-valuation-scheme\/#article","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/alphabridge-capital-management-charged-by-sec-for-fraudulent-fund-valuation-scheme\/"},"author":{"name":"Silver Law Group","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"headline":"AlphaBridge Capital Management Charged By SEC for Fraudulent Fund Valuation Scheme","datePublished":"2015-08-05T04:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/alphabridge-capital-management-charged-by-sec-for-fraudulent-fund-valuation-scheme\/"},"wordCount":492,"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/alphabridge-capital-management-charged-by-sec-for-fraudulent-fund-valuation-scheme\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/AlphaBridge-Capital-Management-Charged-by-SEC-for-Fraudulent-Fund-Valuation-Scheme-1024x681.jpg","keywords":["elder financial fraud","elder fraud","Unsuitable Investment Advice"],"articleSection":["All Releases","Elder Fraud","Tech support fraud","Unsuitable Investment Advice"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.silverlaw.com\/blog\/alphabridge-capital-management-charged-by-sec-for-fraudulent-fund-valuation-scheme\/","url":"https:\/\/www.silverlaw.com\/blog\/alphabridge-capital-management-charged-by-sec-for-fraudulent-fund-valuation-scheme\/","name":"AlphaBridge Capital Management Charged By SEC for Fraudulent Fund Valuation Scheme &#8212; 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