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Home » Founder of purported artificial intelligence-powered hedge fund sentenced to 30 months in prison

Founder of purported artificial intelligence-powered hedge fund sentenced to 30 months in prison

August 18, 2025 — Earlier today, in federal court in Brooklyn, Mina Tadrus was sentenced by United States District Judge Hector Gonzalez to 30 months in prison for committing investment adviser fraud of more than $5.7 million in connection with a scheme to defraud investors in Tadrus Capital LLC, a hedge fund Tadrus founded and operated that purported to use artificial intelligence-based algorithmic trading models.  Read More