{"id":34229,"date":"2013-03-04T10:32:54","date_gmt":"2013-03-04T15:32:54","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=34229"},"modified":"2013-03-04T10:32:54","modified_gmt":"2013-03-04T15:32:54","slug":"a-spider-web-of-hedge-fund-and-forex-ponzi-fraud","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2013\/a-spider-web-of-hedge-fund-and-forex-ponzi-fraud.html","title":{"rendered":"A Spider Web Of Hedge Fund And Forex Ponzi Fraud"},"content":{"rendered":"<p>Forbes &#8211; This is a somewhat long and convoluted tale, whose every twist and turn will likely \u00a0turn you\u2019re your stomach in disgust. \u00a0With that warning, let\u2019s go back to 2009, when George Sepero, Glen Rock, NJ, Carmelo Provenzano, Garfield, NJ, and Daniel Dragan, Hunterdon County, NJ, claimed to run a series of hedge funds in\u00a0New Jersey. If you were an unlucky investor who fell into these characters\u2019 web, you would have likely been lured their by the dazzling bait of extraordinary profits in foreign currency (\u201cForex\u201d) trading through a chameleon-like assortment of companies with the names of \u201cPelt Capital,\u201d \u201cCaxton Capital\u00a0Management,\u201d \u201cSP Investors Inc.\u201d and \u201cCCP Pro Consulting Inc.\u201d<\/p>\n<p>Ah yes, another Forex scam. Ah yes, more hedge funds. And, on top of that now somewhat banal bit of investor fraud, lets add that tired label of being offered an investment opportunity that was \u201ctoo good to be true.\u201d<\/p>\n<p><a href=\"http:\/\/www.forbes.com\/sites\/billsinger\/2013\/03\/04\/a-spider-web-of-hedge-fund-and-forex-ponzi-fraud\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forbes &#8211; This is a somewhat long and convoluted tale, whose every twist and turn will likely \u00a0turn you\u2019re your stomach in disgust. \u00a0With that warning, let\u2019s go back to 2009, when George Sepero, Glen Rock, NJ, Carmelo Provenzano, Garfield, [&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-34229","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34229","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=34229"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34229\/revisions"}],"predecessor-version":[{"id":34235,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34229\/revisions\/34235"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=34229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=34229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=34229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}