{"id":3764,"date":"2005-12-22T00:00:00","date_gmt":"2005-12-22T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-highflier-clipped-by-sec","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2005\/hedge-highflier-clipped-by-sec.html","title":{"rendered":"Hedge Highflier Clipped by SEC"},"content":{"rendered":"<p>A hedge fund whiz kid who bragged publicly that his fund&#8217;s sky-high returns let him fly around in private jets and buy a new Lamborghini was in fact running a classic Ponzi scheme, the Securities andExchange Commission charged yesterday.<\/p>\n<p>  Regulators froze the personal assets of Bret Grebow, a trader at HMC International LLC, a Montvale, N.J.-based hedge fund.<\/p>\n<p>  Grebow and the fund&#8217;s portfolio manager, Robert Massimi, were accused of &#8220;ongoing fraud&#8221; that began in 2001 and ran for more than four years, according to the rare emergency action filing.<\/p>\n<p><a href=\"http:\/\/www.nypost.com\/business\/59256.htm\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A hedge fund whiz kid who bragged publicly that his fund&#8217;s sky-high returns let him fly around in private jets and buy a new Lamborghini was in fact running a classic Ponzi scheme, the Securities andExchange Commission charged yesterday. Regulators [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3764","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3764","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=3764"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3764\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}