Tag Archives: manhattan


Sure, Throw Your Money In This ‘Hedge Fund’

Tubefilter news – Do you know what a Hedge Fund is? I don’t. And neither do the boys at the Claude S. Dutchy, LLC hedge fund. But, damnit, they’re determined to make it rich enough to race Lamborghinis, orbit earth […]

Moscow Dealer Sues N.Y.C. Gallery Over $3 Million in Paintings

Bloomberg – Moscow-based art dealer Gary Tatintsian has sued New York’s Luhring Augustine Gallery alleging breach of agreements on $3 million of art by artists George Condo and Richard Prince, according to a complaint filed Aug. 11. In April 2008, […]

Madoff trustee says Cayman and Bermuda funds ignored lawsuits

Caribbean Net News – The trustee liquidating Bernard Madoff’s business told a judge that two Cayman Islands and Bermuda hedge-fund firms accused of profiting from the fraud are ignoring his lawsuits seeking a total of $230.7 million in damages. Trustee […]

Hedge funders’ suit claims money went to porn investment, swingers’ resort

New York Daily News – A California moneyman with X-rated interests is being sued by several hedge funds who accuse him of shoveling their millions into porn and a planned Catskills swingers ranch. Milton (Todd) Ault 3rd is charged with […]

Lawsuit says hedge-fund manager stole $750,000

Pittsburgh Post-Gazette – The family of a Cambria County manufacturer has filed a lawsuit claiming that a New York hedge-fund manager illegally took $750,000 from its trust fund. The lawsuit, filed by the family of Frank Calandra Jr., was moved […]

Ex-BDO Seidman’s Mark Bloom Pleads Guilty in Hedge Fund Fraud

Bloomberg – Hedge fund manager Mark Bloom pleaded guilty to U.S. charges that he stole at least $20 million from clients and lied to them, and that he helped sell illegal tax shelters while working earlier at BDO Seidman LLP. […]

Lawyer Marc Dreier sentenced to 20 years in prison for $700M hedge fund swindle

New York Daily News – Park Avenue lawyer Marc Dreier was sentenced to 20 years in prison Monday by a judge who scolded prosecutors for wanting to jail him for as long as Ponzi swindler Bernard Madoff. "Is the government serious […]

Argentina in contempt of court over defaulted sovereign bonds

MercoPress – US District Judge Thomas Griesa granted a contempt of court motion last week by bondholder Aurelius Capital Partners hedge fund, according to a transcript of a hearing in Manhattan federal court obtained over the weekend, reports Reuters. Lawyers […]

Fairfield Sentry sues hedge fund over Madoff fees

Greenwich Time – Fairfield Sentry Ltd., seeking to recover more than $919 million in fees related to investments involving Bernard Madoff, sued the Fairfield Greenwich Group hedge fund that lost $7 billion in Madoff’s fraud. Fairfield Sentry, based in the […]

Trustee sues Fairfield Greenwich funds for $3.54b

Boston Globe – The trustee liquidating Bernard Madoff’s defunct money-management firm sued three Fairfield Greenwich Group hedge funds, seeking the return of $3.54 billion withdrawn before Madoff’s massive fraud unraveled. The trustee, Irving Picard, filed the so-called clawback lawsuit yesterday […]

Another Madoff linked hedge fund sued

NineMSN – The trustee overseeing the liquidation of disgraced financier Bernard Madoff’s assets sued another investment fund on Tuesday, claiming it owes Madoff’s victims more than $US1 billion ($A1.32 billion) it withdrew from his firm. The complaint in Manhattan bankruptcy […]

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