Reuters – A brash Kuwaiti financier facing a fraud suit by U.S. authorities was found dead Sunday in an apparent suicide that sent shockwaves through the Gulf Arab financial sector.

A security source told Reuters that Hazem Al-Braikan appeared to have died from a single gunshot wound to the side of the head, while a policeman standing outside Braikan’s house said the well-connected financier, 37, had shot himself.

Braikan was the chief executive of Al Raya Investment, which is 10 percent owned by Citigroup Inc, and had been at the center of a financial scandal that erupted last week.

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Tags: apparent suicide, authorities, chief-executive, citigroup, citigroup-inc, financial scandal, financial-sector, financier, fraud-suit, gulf-arab, gunshot, hazem, policeman, reuters, security source

SILive.com – The "next chapter" of former GOP Rep. Vito Fossella’s life is unfolding at a financial firm in Midtown Manhattan that offers hedge fund-style investments to ordinary Joes, the Advance has learned.

The company is run by a high-flying, globetrotting college dropout and former Austrian policeman who hobnobs with celebrities like former Soviet President Mikhail Gorbachev and "Desperate Housewives" star Teri Hatcher.

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Tags: celebrities, college dropout, desperate housewives, gop, investments, midtown manhattan, mikhail gorbachev, policeman, president mikhail gorbachev, soviet president, teri hatcher, vito fossella