Qin also asked VQR head trader Antonio Hallak to assist with withdrawing $1.7 million from the fund, claiming he had borrowed money from Chinese loan sharks to invest in the Sigma fund, according to Reuters.
Qin, whom the SEC said is believed to be currently in South Korea, is prepared to cooperate with the SEC and is “committed to ensuring that no investors are harmed,” said his lawyers, Reuters said.
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No investors will be harmed. I assume that means those Chinese loan sharks???