Federal Prosecutors Charge Star Bond Investor Ken Leech With Fraud
Kenneth Leech, the former co-chief investment officer of Western Asset Management, was charged with running a $600 million “cherry-picking” scheme, favoring certain clients’ accounts by allocating successful trades to them while giving poorer trades to others. Between January 2021 and October 2023, Leech allegedly misled investors and made false statements to the SEC. He faces four fraud charges and one charge of making false statements, … Continue reading Federal Prosecutors Charge Star Bond Investor Ken Leech With Fraud
