July 30, 2010
It has emerged that hedge fund operators which were being investigated by US federal investigators have fled the United States, leaving as many as 200 wealthy clients out of pocket to the tune of $160 million.
Hedge Fund Mgr. Arrested At SFO On Fraud Charges
A financial hedge fund manager was arrested at San Francisco International Airport on Monday for allegedly defrauding his clients out of millions of dollars, the U.S. Customs and Border Protection announced Wednesday.
Auction set for failed hedge fund's furniture
Before its collapse last year, hedge fund KL Financial wowed deep-pocketed investors with the sleek furnishings and pricey TVs at its West Palm Beach office.
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