{"id":19600,"date":"2010-12-27T08:55:05","date_gmt":"2010-12-27T12:55:05","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=19600"},"modified":"2010-12-27T08:55:05","modified_gmt":"2010-12-27T12:55:05","slug":"toothlessness-of-u-s-financial-regulators-shown-in-alleged-34-million-ponzi-scheme","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2010\/toothlessness-of-u-s-financial-regulators-shown-in-alleged-34-million-ponzi-scheme.html","title":{"rendered":"Toothlessness Of U.S. Financial Regulators Shown in Alleged $34 Million Ponzi Scheme"},"content":{"rendered":"<p>Courthouse News Services &#8211; A chiropractor, six cronies and an investment firm duped investors out of $34 million by bankrupting two hedge funds and skimming more than $16 million off the top, the SEC says. The men &#8220;looted and bankrupted the hedge funds by steering millions of dollars to themselves,&#8221; the SEC says in a complaint that\u00a0reveals the toothlessness of U.S. financial regulators.<\/p>\n<p>Defendants Robert Buckhannon, Terry Rawstern, Dale St. Jean and Gregory Tindall were the managing members of the two Bradenton, Fla.-based hedge funds, Imperium and Vestium.<\/p>\n<p><strong><a href=\"http:\/\/www.courthousenews.com\/2010\/12\/27\/32873.htm\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Courthouse News Services &#8211; A chiropractor, six cronies and an investment firm duped investors out of $34 million by bankrupting two hedge funds and skimming more than $16 million off the top, the SEC says. The men &#8220;looted and bankrupted [&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":[],"class_list":["post-19600","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19600","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=19600"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19600\/revisions"}],"predecessor-version":[{"id":19601,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19600\/revisions\/19601"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=19600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=19600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=19600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}