SEC Charges Real Estate Fund Manager with Misappropriating over $7 Million from Retail Investors
- Written by Newsfile
Washington, D.C.--(Newsfile Corp. - January 12, 2021) - The Securities and Exchange Commission today charged fund manager Eric C. Malley and his company MG Capital Management L.P. with defrauding retail investors in two real estate funds managed by MG Capital.
According to the SEC’s complaint, beginning in 2014, Malley – a licensed...