Tag Archives: boca raton

John Henry slashes 8 from Hedge Fund staff

New York (HedgeCo.net) – John Henry, perhaps best known as principal owner of the Boston Red Sox, has announced the firings of roughly one quarter of the staff at his Boca Raton, FL based investment company, John W. Henry & […]

New York Exec Nailed for Alleged $400 Million Ponzi Scheme

New York (HedgeCo.Net) – Nicholas Cosmo, head of New York-based Agape World Inc., has been arrested for allegedly running a $400 million Ponzi scheme.  His company, which marketed commercial bridge loans, was not registered with the U.S. Securities and Exchange […]

Another Florida Ponzi-Scheme?

New York (HedgeCo.Net) – Investors in South Florida are fearing the worst, with all eyes turned to Michael Riolo, a Boca Raton resident who may have bilked over $50 million out of investors. Riolo regularly distributed performance reports to his […]