The Globe and Mail reports in its Wednesday edition that the Ontario Securities Commission is hunting for a fugitive former hedge fund manager. The Globe's Jameson Berkow writes that Nathanael Anthony Aikman was sentenced on Monday to four years in jail and ordered to pay a $3.9-million fine for defrauding investors in his former hedge fund, Yonge Street Capital LLC. Mr. Aikman did not appear for sentencing and the regulator intends to seek a Canada-wide warrant for his arrest. In November, 2023, Mr. Aikman pleaded guilty to one count of fraud and one count of trading securities without registration. Between Oct. 27, 2016, and Aug. 30, 2019, 71 people invested a combined total of more than $6.2-million in Yonge Street Capital. "Mr. Aikman admitted that he fabricated the returns generated from his trading activity," the OSC said in a news release on Tuesday. "A significant percentage of the money obtained by this fraud was used by Mr. Aikman for purposes unrelated to YSC's business, and to the detriment of investors." Mr. Aikman was charged alongside his partners, Syed Saad Aziz and Jazib Ali Khan. Mr. Aziz and Mr. Khan were both sentenced to probation for unregistered trading activities in 2022 and 2023 respectively.