Angelo Haligiannis

Angelo Haligiannis managed the hedge fund Sterling Watters as a Ponzi scheme and pleaded guilty in 2005 of defrauding investors of tens of millions of dollars. He fled an expected 15-year jail term the day before his scheduled sentencing on January 11, 2006.{{cite news

| last =Kolker | first =Robert | title =Take the Hedge-Fund Money and Run | work =New York Magazine | date =October 23, 2006 | url =http://nymag.com/news/businessfinance/23171/ | accessdate =March 14, 2009}}{{cite news | title =From Ponzi to Madoff

| work =The Wall Street Journal | date =March 13, 2009

| url =https://www.wsj.com/articles/SB123685693449906551?mod=article-outset-box#project%3DPONZI1208%26articleTabs%3Dinteractive | accessdate =March 13, 2009 | first=Robert | last=Frank}}

He was recaptured on the island of Crete in August, 2007, conditionally released by Greek authorities, and then arrested again in September of that year.{{cite news

| last =Grohmann | first =Karolos | title =Former US hedge fund manager re-arrested in Greece | work =Reuters | date =September 20, 2007 | url =http://www.asiaone.com/News/AsiaOne%2BNews/World/Story/A1Story20070920-26224.html | archive-url =https://web.archive.org/web/20110605115131/http://www.asiaone.com/News/AsiaOne+News/World/Story/A1Story20070920-26224.html | url-status =dead | archive-date =June 5, 2011 | accessdate =March 14, 2009}}