Archegos CFO jailed for eight years for defrauding banks

Archegos CFO Gets Eight Years in Prison for Defrauding Banks

2025-01-27 23:04:00 : (Bloomberg) — Archegos Capital Management Chief Financial Officer Patrick Halligan was sentenced to eight years in prison for defrauding banks before and during the collapse of Bill Hwang’s $36 billion family office in 2021 . Harrigan’s sentence Monday was significantly lower than the 18 years Huang was sentenced to in November. While … Read more