Hedge Fund Manager Arrested For Fraud & Extortion After Admitting To Witness "Maybe I Should Go To Jail"

From zerohedge.com

After being forced to close his fund, Marble Ridge Capital, after a Jeffries trader and former Navy SEAL reported his dubious conduct to Jeffries General Counsel, who informed the authorities, prompting the trader to record some seriously incriminating and embarrassing phone calls, It looks like Daniel Kamensky is finally in custody. Prosecutors in New York announced Thursday afternoon that Kamensky had been arrested and charged with securities fraud, obstruction of justice and extortion for allegedly trying to rig a bidding process involving bankrupt Neiman Marcus as Marble Ridge bid to supply the floundering ... (full story)