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George Heckler's Hedge Funds Gets Busted and Charged by SEC


George Heckler’s Hedge Funds Gets Busted and Charged by SEC
Posted on 03/16/2021
The Securities and Exchange Commission charged George Heckler (age 64), of Charleston, South Carolina, for operating a decade-long investment adviser fraud through two private hedge funds, Cassatt Short Term Trading Fund LP (Cassatt) and CV Special Opportunity Fund LP (CV Special), that Heckler formed to conceal massive losses incurred by Conestoga Holdings LP (Conestoga), another fund controlled by Heckler. On March 9, 2021, Heckler pleaded guilty for related criminal conduct in federal court in the District of New Jersey. Heckler, son of a former Hatfield Borough mayor Howard Heckler, admitted to raising US$ 20 million from investors and lying about his returns. Heckler was a longtime business associate of Brenda Smith, the Rittenhouse Square-based investment manager charged in 2019 with stealing close to US$ 60 million of investors’ money. Brenda Smith is imprisoned in North Jersey, awa ....

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