NEW YORK (Reuters) – A New York funding manager pleaded guilty on Wednesday to operating a $21.9 million fraud by which he falsely advised dozens of buyers their cash was getting used to construct a world airport in Belize, the U.S. Department of Justice stated.

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New York fund manager pleads guilty to Belize airport scam – Global Rubber Markets Former hedge fund manager pleads Guilty to $9 million investment fraud alexandria, Va. – A Leesburg man pleaded guilty today to wire fraud in connection with his misuse of clients funds, some of which were invested through a purported hedge fund called.