In the intricate world of finance, where fortunes are made and lost on the turn of a dime, understanding complex terms like ...
(Bloomberg) — A Connecticut hedge fund manager must surrender almost $81 million in profit from aiding Thomas Petterss $3.5 billion Ponzi scheme, an appeals court ... Petters is serving a 50-year ...
A City boss compared to the The Wolf Of Wall Street has been sentenced to 14 years’ imprisonment in his absence over a £70 million Ponzi-style ... paying into the scheme, said Mr Durose.
Former Texas State Senator Carlos Uresti was sentenced to 12 years in prison Tuesday for 11 felony charges of running a multimillion-dollar Ponzi scheme that brought down ... prison term and pay ...
On April 11, Adrian Kawuba, 34, was sentenced to 27 months in prison followed by three years of ... The scheme involved 26 fraudulent deals with over $2.2 million in funds. Out of that amount ...
A Watertown man was sentenced to 27 months in federal prison for ... “The scheme involved at least 26 fraudulent deals, and involved more than $2.2 million in victim funds, of which Kawuba ...
WASHINGTON — A California man who appeared on an HGTV house flipping show has been sentenced to four years in prison for real ... said he operated a Ponzi scheme by using an investor's money ...
Money management professionals can expect to see a 20% to 25% decrease in bonus payouts from last year in part due to ... has persuaded about half its hedge funds to renegotiate fees, tying ...
Chelsea Mandel and her firm Ascension Advisory are on a mission to help small business buyers borrow a $17 billion a year tactic from the private equity’s playbook known as sales leasebacks.
Fund-manager allocations to bonds dropped by the most in more than 20 years as they become more optimistic about growth while becoming less convinced the Fed will succeed in fighting inflations ...
Contrarian Doug Kass predicted this year's rally. With nearly 50 years ... bull and bear market cycles -- more of those in the hedge fund industry should be as candid as Kass.