{"id":11874,"date":"2009-09-15T04:38:00","date_gmt":"2009-09-15T08:38:00","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=11874"},"modified":"2009-09-15T04:38:00","modified_gmt":"2009-09-15T08:38:00","slug":"agile-clients-sue-over-frozen-accounts","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2009\/agile-clients-sue-over-frozen-accounts.html","title":{"rendered":"Agile clients sue over frozen accounts"},"content":{"rendered":"<p><span id=\"redesign_default\">The Denver Post &#8211; The plaintiffs allege Agile inappropriately placed their funds into a high- risk, unsuitable investment called the Agile Safety Variable Fund, which destroyed their retirement nest eggs.<\/p>\n<p>The Safety Fund, despite its name, was a leveraged hedge fund that had invested 85 percent of its money into fraudulent funds run by Thomas Petters and Bernard Madoff, the complaint alleges.<\/p>\n<p>Petters, a Minnesota businessman, is awaiting trail on charges he led a $3.5 billion Ponzi scheme. Madoff is in prison after pleading guilty to running what authorities estimate was a $65 billion Ponzi scheme.<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.denverpost.com\/businessheadlines\/ci_13337616\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Denver Post &#8211; The plaintiffs allege Agile inappropriately placed their funds into a high- risk, unsuitable investment called the Agile Safety Variable Fund, which destroyed their retirement nest eggs. The Safety Fund, despite its name, was a leveraged hedge [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[4331,11148,15829,15830],"class_list":["post-11874","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-bernard-madoff","tag-hedge-fund","tag-retirement-nest-eggs","tag-safety-fund"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11874"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11874\/revisions"}],"predecessor-version":[{"id":11875,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11874\/revisions\/11875"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}