Former Vicis executive sentenced to two years of probation

By Anastasia Donde

Tue Mar 1, 2011

A former managing director at the once-$5 billion convertible arbitrage hedge fund pleads guilty to conspiracy to commit wire fraud.

Christopher Phillips, a former managing director at Vicis Capital, was sentenced to two years probation this past Wednesday after pleading guilty to one count of conspiracy to commit wire fraud. Phillips has also been sentenced to 12 months of home confinement including electronic monitoring and ordered to pay a $250,000 fine, according to Seth Aframe, an assistant U.S. attorney who prosecuted Phillips at a federal court in...

ISSN: 2151-1845 / CDC10004H


The full contents of this article are available to Absolute Return subscribers and trialists only.

To continue reading please, take a free trial, subscribe or log in.


Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Subscribe now

Popular Searches on HFI