{"id":43364,"date":"2014-08-04T07:42:45","date_gmt":"2014-08-04T11:42:45","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=43364"},"modified":"2014-08-04T07:42:45","modified_gmt":"2014-08-04T11:42:45","slug":"more-woes-for-hedge-fund-adviser","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2014\/more-woes-for-hedge-fund-adviser.html","title":{"rendered":"More woes for hedge fund adviser"},"content":{"rendered":"<p>Personal Finance &#8211; The Ombud for Financial Services Providers has handed down another ruling \u2013 the fifth so far \u2013 against financial adviser Michal Calitz, who advised a number of his clients to invest in the Relative Value Arbitrage Fund (RVAF), which turned out to be a scam.<\/p>\n<p>Calitz was paid R8.4 million in share profits from the RVAF before it collapsed in July 2012, the month the master-mind of the scheme, Herman Pretorius, committed suicide. The RVAF collected an estimated R2.2 billion from about 3 000 investors.<\/p>\n<p><a href=\"http:\/\/www.iol.co.za\/business\/personal-finance\/more-woes-for-hedge-fund-adviser-1.1729423\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Personal Finance &#8211; The Ombud for Financial Services Providers has handed down another ruling \u2013 the fifth so far \u2013 against financial adviser Michal Calitz, who advised a number of his clients to invest in the Relative Value Arbitrage Fund [&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-43364","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/43364","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=43364"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/43364\/revisions"}],"predecessor-version":[{"id":43366,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/43364\/revisions\/43366"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=43364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=43364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=43364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}