Bloomberg News

Brian Kim Offered Six to 18 Year Sentence for Ponzi Scheme Plea

December 10, 2011

Dec. 9 (Bloomberg) -- Brian Kim, the former hedge-fund manager at Liquid Capital Management LLC accused of running a $6 million Ponzi scheme, was offered a prison term of six to 18 years by Manhattan prosecutors.

Kim hasn’t decided whether to accept the offer in exchange for a guilty plea, a lawyer said.

To contact the reporter on this story: Chris Dolmetsch in New York at cdolmetsch@bloomberg.net

To contact the editor responsible for this story: Andrew Dunn at adunn8@bloomberg.net


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