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Rating:DEA Doesn't Appreciate This Fund Exec's Distibution Efforts Not Rated 4.0 Email Routing List Email & Route  Print Print
Friday, July 13, 2012

DEA Doesn't Appreciate This Fund Exec's Distibution Efforts

News summary by MFWire's editors

Drug arrests and mutual funds typically don't make the same news story. But this week they did. A former assistant vice president at U.S. Boston Capital has been implicated in a drug ring.

Jon Tejeda stands accused of acting as a "distributor" in the drug ring, which police say was run by Juan "White Boy" Guzman, according to the Boston Herald.

Tejeda's name no longer appears on the U.S. Boston website listing key executives, but a cached version of the site lists him as having been an AVP in Institutional Distribution, specifically mentioning the Pear Tree Funds [profile] in his title.

The cached-site lists him as having graduated from Amherst College, the same college the Herald notes that Tejada attended. 

Edited by: Ben Geier


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