Tag Archives: chief-financial-officer


FACTBOX-Red flags at hedge funds that worry experts

November 21, 2008 : Permalink

Reuters – Forensic accountants, former prosecutors and private investigators list some potential red flags at hedge funds that might indicate irregularities and should make investors take notice and probe further. *Returns that seem too good to be true. If a […]

Hedge Fund Fraudster to Pay $300 Million Back to Investors

August 20, 2008 : Permalink

New York (HedgeCo.Net) – Paul Eustace, former head of Philadelphia Alternative Asset Management Company, has been ordered to pay back nearly $300 thanks to his fraudulent ways. According to a statement by the Commodity Futures Trading Commission, the Canadian resident […]

Hedge fund founder barred from pleading

August 7, 2008 : Permalink

Boston Globe – A federal judge barred Samuel Israel, the convicted founder of hedge fund firm Bayou Group LLC, from entering a plea to bail jumping, saying his addiction to methadone may have impaired his judgment. A US judge cited […]

Bear Stearns defendants’ e-mail use ‘dumbfounding,’ lawyers say

June 24, 2008 : Permalink

Seattle Post- Incriminating messages allegedly sent by two ex-Bear Stearns Cos. hedge fund managers indicted on fraud charges that even sophisticated professionals disregard the dangers of putting sensitive information in e-mails, ex-prosecutors said. Ralph Cioffi, 52, and Matthew Tannin, 46, […]