Paul Boghosian, head of Hawaiian Investment Partners Group, which has proposed a bankruptcy reorganization plan for Hawaiian Airlines, was arrested after he allegedly agreed to pay a $500,000 bribe to an FBI agent posing as a hedge fund manager in exchange for a $2.5 million loan, the Associated Press reported. In addition, Boghosian made a number of misrepresentations to the bankruptcy court, among others regarding HIP's ability to provide approximately $300 million in new equity funding ...

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