Archegos founder Bill Hwang sentenced to 18 years for massive fraud that stunned Wall Street

Archegos founder Bill Hwang sentenced to 18 years for massive fraud that stunned Wall Street https://ift.tt/FInpYTv accused Hwang of lying to banks about Archegos' portfolio so he could borrow money aggressively and make concentrated bets on media and technology stocks such as ViacomCBS, now called Paramount Global.