Adviser owner/former CIO charged with overvaluing fund by $1 billion

Velissaris knew or recklessly disregarded that he was, in fact, manipulating the valuations of the Infinity Q Funds’ positions in the Pricing Service and was able to effectively set the terms and edit computer code to produce valuations of positions at whatever level he desired

To read this article, you need to sign in.

You should only be asked to sign in once. Not the case? Click here

New to Regulatory Compliance Watch?

Register now to read this article and more for free.