Tag Archives: criminal-complaint


Hedge Fund Manager Swiped $44M, Feds Say

Courthouse News Service – A Beverly Hills man defrauded his family and friends of $44 million by persuading them to invest in his two nearly worthless hedge funds and spent the money on a Malibu Beach home, Porsches, and poker, […]

US hedge fund manager arrested in Hong Kong

International Herald Tribune – A Silicon Valley hedge fund manager has been arrested in Hong Kong on charges that he bilked investors out of at least $5 million. According to a criminal complaint unsealed Wednesday in San Jose federal court, Albert […]

Hedge Fund Manager to Appear in Court

West Palm Beach (HedgeCo.net) – Hedge fund manager Arthur Nadel is scheduled for a bail hearing in federal court in Tampa this afternoon. Nadel faces a federal charge of securities and wire fraud after using “manipulative and deceptive devices” to […]

Missing Hedge Fund Fraudster Turns Himself In

New York (HedgeCo.Net) – Missing hedge fund manager Arthur Nadel, who disappeared last week along with an estimated $350 million of investor’s money, turned himself in to the FBI yesterday.   The Sarasota resident, 76, turned himself in at a […]

Dreier Gets $20 Million Bond, Claims He Can’t Pay

Bloomberg – Marc Dreier, the New York lawyer jailed since his arrest for allegedly cheating hedge funds, won’t be able to post the $20 million bond that would free him, his lawyer told a federal judge. U.S. Magistrate Judge Douglas Eaton in […]

UK fund tries new tactic in face of Japanese ban

Guardian Unlimited- The Children’s Investment Fund has bought shares in two major investors in the Japanese company J-Power, weeks after its attempt to double its stake in the electricity supplier was blocked by the Japanese government. The hedge fund – […]

TCI buys shares in Mizuho, Kajima in J-Power fight

Reuters- British investor The Children’s Investment Fund (TCI) said it had bought stakes in Mizuho Financial Group, Kajima Corp, and about eight other shareholders in J-Power, in order to raise pressure on the electricity wholesaler. Mizuho, Japan’s second-largest bank, and […]

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