Wall Street investor Hwang, once worth billions, arrested

U.S. Attorney Damian Williams speaks during a news conference announcing the unsealing of an indictment of Bill Hwang, the founder of Archegos Capital Management, and his former Chief Financial Officer, Patrick Halligan during a news conference in New York, Wednesday, April 27, 2022. Both were expected to appear later in the day in court. They face racketeering conspiracy and fraud charges. (AP Photo/Eduardo Munoz Alvarez)

Wall Street investor Hwang, once worth billions, arrested