Original sentence: , reversed the jurors' guilty verdicts and acquitted the firm's co-CIO of the lesser charges in a full acquittal, but ordered a new trial to be set for Nordlicht.A jury acquitted all defendants on the core charges relating to the Ponzi scheme operation, but found two of the lead executives guilty on the lesser charges relating to a bond-rigging scheme.According to an indictment, Nordlicht, in addition to the fund's co-CIO and CFO, were accused of running a "ponzi like scheme".An appellate court later upheld the convictions.In an unusual move, Judge Brian Cogan, presiding in the case of USA vs.Mark (Meir) Nordlicht (born 1968) was the founder and former chief investment officer of (now defunct) Platinum Partners, a U.Nordlicht, et al.The jury trial spanned nine weeks as defendants Mark Nordlicht and to other platinum executives invoked various defenses unveiling unruly subject matter purported by the prosecution.based hedge fund, which came to be known for its unusual investment strategies becoming the subject of a series of controversial criminal and legal actions
Edited sentence: He was the founder and former chief investment officer of Platinum Partners, a U.Mark (Meir) Nordlicht (born 1968) is a convicted criminal and a failed hedge fund manager, who was accused of running a "ponzi like scheme", according to his indictment.The jury trial spanned nine weeks as defendants Mark Nordlicht and to other platinum executives invoked various defenses unveiling unruly subject matter purported by the prosecution, and can otherwise in rebuttals.While he was convicted of a bond-rigging scheme, Judge Brian Cogan ordered a new trial be set for Nordlicht but an appellate court later upheld the convictions.based hedge fund