Without admitting or denying wrongdoing, Mr. Kapur agreed to a lifetime ban from the investment industry.
Before joining CNN, Kapur, worked for CNBC - first in New York, then in Singapore.
The SEC alleged in its civil-fraud suit against Mr. Kapur that the 4.6% return figure was faked.
"William's infused a lot of energy into Fabindia, " acknowledges Sanjiv Kapur, managing director of Wolfensohn's Indian advisory arm.
Kapur has been reporting for CNN since 2002 covering a variety of business, market and general news stories in Europe.
Sara Sidner, Mallika Kapur and Nick Glass meet in the capital city New Delhi, to explore how carbon cuts are being made.
What headline did Sahil Kapur of TPM give this story?
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Kapur's news experience includes reporting on the aftermath of the July 2006 railway bombings in Mumbai and covering the July 7th London bombings in 2005.
Mr. Kapur also repeatedly inflated his firm's assets under management in investor reports and invented a nonexistent management team, the SEC alleged in its civil-fraud suit.
India's Shiv Kapur is on five under after he too improved on an slow start to card five birdies coming home and complete an impressive round.
Asian Tour number one Andrew Buckle, Indian star Shiv Kapur and local favourite Zhang Lianwei, the 2003 winner, will also tee it up in the co-sanctioned event.
Kapur's field production experience included co-ordinating CNN's coverage of the NATO meeting in Iceland in May 2002, and the International Telecom fair in Geneva in October 2003.
"Attitudes to suicidal behaviour have changed over time and at different times in different places, " says Prof Nav Kapur, head of research at Manchester University's Centre for Suicide Prevention.
Kapur joined CNN as an assistant producer and was promoted to producer in May 2001, following which she produced CNN's then live news programmes 'World Business Today', 'CNN Today' and 'Business International'.
The SEC accused Mr. Kapur of continuing to report positive returns for the hedge fund even after it was liquidated and ceased trading, as a way of attracting investors to his other funds.
According to the SEC, Kapur used to tell investors in 2003 that he had 15 years of experience, even though it meant that he had started his investment career in 1988, when he was 14.
FORBES: SEC Alleges Deceptive Conduct Against Fund Of Hedge Funds Manager
In a Mumbai weekend game, Bollywood's Saif Ali Khan, Kareena Kapur, and Anil Kapur ran along the ground sporting the team's jerseys emblazoned with the name of their upcoming film in a brazen marketing push.
Without admitting or denying the allegations, Kapur and his New York hedge fund firm, ThinkStrategy Capital Management, have reached a settlement with the SEC over the civil charges that will involve a civil monetary penalty.
FORBES: SEC Alleges Deceptive Conduct Against Fund Of Hedge Funds Manager
As Devesh Kapur and Pratap Bhanu Mehta argued in a paper, political instability and a divided parliament - with the ruling coalition often a minority in the upper house - contributed to the slowing down of output.
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