Currently browsing;Hedge Fund Fraud
- Operational due diligence focus – Corgentum to present on hedge fund opportunities at Opal 2012 Investment Consultants Forum
Operational due diligence is coming into focus in 2012. It has been announced that Corgentum Consulting Managing Partner, Jason Scharfman will moderate the hedge funds panel at the upcoming Opal 2012 Investment Consultants Forum. The panel will be entitled, “Hedge Fund Opportunities” will take place on Friday March 2, 2012 at the Crowne Plaza Times [...]
- The Dr. Will See You Now – Skowron’s Bad Diagnosis for FrontPoint and Galleon
A hedge fund manager for FrontPoint Partners was sentenced to five years in prison on Friday, November 18th. Joseph Skowron pled guilty in the summer of 2011 to insider trading which resulted in Morgan Stanley avoiding $30 million in trading losses. According to the New York Times, Skowron enticed French doctor, Yves Benhamou, to give [...]
- Galleon Verdict : Raj Rajaratnam Insider Trading Guilty Sentence
A jury recently handed down a sentence which found that the Galleon Group’s founder Raj Rajaratnam was convicted of insider trading. Bloomberg is reporting that jury never argued during 12 days of secret deliberations that he was innocent. Instead the focus was on what sentence to give Rajaratnam. Here is a post about the Galleon [...]
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