Tag Archives: audits
Maxam hedge fund sues auditors
Reuters – Maxam, an investment adviser based in Darien, Connecticut, relied on the auditors for their expertise in examining Madoff’s firm, according to the lawsuit filed in Connecticut Superior Court in Fairfield County. The lawsuit, though, said the auditors issued […]
SEC advances pair of hedge fund cases
Forbes – A federal judge in Florida ruled Wednesday that the head of two hedge funds deceived investors about the funds’ holdings. Elsewhere, federal regulators accused a California investment adviser of making tainted recommendations to clients. In the Florida case, […]
US man faces longer jail term for hedge fund fraud in Hong Kong
MSN UK News- The Hong Kong media says a 63-year-old U.S. citizen has received a longer jail term for masterminding a HK$363 million, or US$46.49 million or euro30 million, hedge fund fraud. The South China Morning Post reported Wednesday that […]
