Excerpt: “An indictment was unsealed today charging Sung Kook (Bill) Hwang, the founder and head of a private investment firm known as Archegos, and Patrick Halligan, Archegos’s Chief Financial Officer, with racketeering conspiracy, securities fraud, and wire fraud offenses in connection with interrelated schemes to unlawfully manipulate the prices of publicly traded securities in Archegos’s portfolio and to defraud many leading global investment banks and brokerages. … Also unsealed today are the guilty pleas of Scott Becker and William Tomita in connection with their participation in the conspiracy.”
Indictment
(59 pages)
SEC Civil Complaint
(40 pages)
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