A Connecticut man has pled guilty to charges he operated a “ponzi-like” scheme to defraud investors in hedge fund Sentinel Growth Fund Management.
Steven Simmons made the plea for one count of conspiracy to commit securities fraud and wire fraud before Magistrate Judge Barbara Moses in Manhattan’s Southern District court, according to a statement from the U.S. Department of Justice.
Between 2013 and January 2017, prosecutors said, Simmons allegedly solicited more than $6 million in…