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Friday, June 4, 2010

Hedge Fund Manager on the Run From FBI Arrested in Poland


United States officials say an American fugitive wanted for money laundering and other financial fraud has been arrested in Poland, The Associated Press reported.

The American Embassy said Wednesday that Polish police arrested Aleksander Efrosman, a businessman from Staten Island, N.Y., in Krakow last weekend.

The United States Commodity Futures Trading Commission said in a complaint filed in 2005 that Mr. Efrosman, who also goes by Alex Besser, stole about $5 million from customers of two fraudulent hedge funds that he had claimed to manage, Century Maxim Fund and AJR Capital.


Alexsander Efrosman, also known as Alex Besser, was a Russian immigrant



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