Aug. 23 (Bloomberg) -- When the FBI finally caught up with hedge fund manager Kirk Wright, he was lounging by the pool with his wife, Kilssis, at the Ritz-Carlton hotel in Miami's South Beach neighborhood. In his room, the Federal Bureau of Investigation agents discovered debit cards and an ID card with a different name -- one of three aliases Wright used while in Florida. They also found $28,000 in cash, a vestige of investors' funds estimated at $185 million, according to a sworn affidavit from FBI Special Agent William Cromer Jr. Wright, 36, now faces 24 federal charges of mail and securities fraud, each carrying a maximum sentence of 20 years behind bars. He's pleaded not guilty. He and the hedge fund company he founded, Marietta, Georgia- based International Management Associates LLC, also face a fraud lawsuit by the U.S.