A U.S. hedge fund manager who has been a fugitive for over a year was found in Greece Tuesday, according to CNNMoney.com.

Angelo Haligiannis, former president of New York-based Sterling Watters Capital Advisors, admitted to defrauding investors out of millions of dollars. He was allowed to remain free while U.S. authorities prepare an extradition request, which could take place this week, police said.

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