Vanderbilt University – A Japanese hedge fund company some are calling “the Japanese Bernard Madoff” seems to be reaffirming the maxim that if returns are too good to be true, there probably is something wrong.
According to initial media reports, AIJ Investment Advisors Co. claimed to generate 241 percent for investors since 2002, despite a 2009 industry newsletter warning that the fund’s returns were “unnaturally stable.”
