LOS ANGELES (CN) – **Justin Paterny , while a broker for UBS Financial Services, duped 42 investors of $14.1 million in a fraudulent hedge fund offering he called The GLT Venture Fund, the SEC claims in Federal Court. It claims Paterny worked with the fund’s adviser, Keith G. Gilabert, and took $220,500 for it, though he knew Gilabert was losing money in the Ponzi scam. See complaint.
Categories /
Uncategorized
Subscribe to our free newsletters
Our weekly newsletter Closing Arguments offers the latest about ongoing trials, major litigation and rulings in courthouses around the U.S. and the world, while the monthly Under the Lights dishes the legal dirt from Hollywood, sports, Big Tech and the arts.

