NJ Hedge Fund Under FBI Investigation After Partner and Investors’ Money Becomes MIA @ Due diligence and operational risk in hedge funds

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NJ Hedge Fund Under FBI Investigation After Partner and Investors’ Money Becomes MIA
According to FINalternatives, Osiris Fund, a New Jersey based hedge fund, is under investigation after one of its’ partners, Peter Zuck fled with investor’s money. Osiris was unlike typical hedge funds in that it allowed investors to invest only a $150,000 minimum into the fund, as opposed to the standard $1 million. Michael Spak, one [...]
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