Currently browsing;Hedge Fund Fraud
- Thomas Petters Prepares To Face The Music: A Double Madoff?
Thomas Petters, the embattled formerly successful entrepreneur and hedge fund manager of Petters Group Worldwide LLC is facing a long prison sentence. 335 years (more than twice the term give to Bernard Madoff). Petters was convicted of on different 20 criminal counts including wire fraud, mail fraud and money laundering and obstructing justice. [...] - Arthur Nadel Finally Fesses Up To being “Mini-Madoff” : Mike Tyson and the Moody’s
Arthur Nadel a Florida hedge fund manager who, to refresh memories, pulled a Sam Israel and disappeared a little over a year ago just as he was due to pay investors $50 million. Here is a link to our previous post on Mr. Nadel. He later surrendered to authorities in January [...] - How to Extort Your Hedge Fund – And get caught in the process…
Here is an interesting story with a slightly different twist. In echoes of Mark Dreier, it is the story of someone extorting a hedge fund. This is the story of Milton Balkany, the dean of Bais Yaakov day school in Borough Park (Brooklyn), New York. Mr. Balkany, who is an Orthodox rabbi, allegedly tried to extort [...]
Stay updated on our Hedge Fund Fraud via our RSS feed
RSS
- The Madoff’s Name Game and Madoff Operations Arrest – A Ponzi By Any Other Name?
- Edward T. Stein’s Life Settlement – A Ponzi Scheme
- Operational Due Diligence Job Market Grows: More Job Postings