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SEC investigating George Soros for fraud

Matthew Vadum author image / /   13 Comments

The preeminent funder of the Left, George Soros, is being investigated by the U.S. Securities and Exchange Commission.

According to the New York Post,

The Securities and Exchange Commission is taking Bill Ackman seriously.

Days after the hedge-fund mogul wrote the regulator and complained about alleged insider-trading violations by George Soros’ family fund regarding its trading in Herbalife, the SEC took action.

An SEC lawyer has contacted at least one person who spoke with Soros Fund Management portfolio manager Paul Sohn, who was driving the firm’s Herbalife investment, The Post has learned.