Tag Archives: sham
SEC Freezes Assets of Illinois-based Hedge Fund Manager Who Was $2 Billion Feeder to Petters Ponzi Scheme
Kansas City infoZine – The SEC’s complaint, filed in U.S. District Court for the District of Minnesota, alleges that Gregory Bell and Lancelot Management LLC invested more than $2 billion in hedge funds assets with Petters and pocketed millions of […]
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 […]