Broken Record I’ve said it all before.  The following press release can be found here.  Please see the following articles on hedge fund and investment advisor fraud. Hedge Funds, Congress and Madoff Investment Advisor Fraud CPO Fraud – Lessons in Due Diligence Affinity Fraud Alert

Another Investment Advisor Ponzi Scheme In the wake of the Madoff scandal the SEC is taking out other fraudulent investment advisory firms.  The release below details a south Florida investment advisor who perpetrated a multi-million dollar ponzi scheme.  As we noted in Lessons in Hedge Fund Due Diligence, it is [...]

According to a SEC release this morning (and every other financial news agency), major hedge funds, banks and other financial institutional were caught in a Ponzi scheme of epic proportions.  While it is hard to believe that such large groups were blindsighted by this, it does showcase the fact that [...]

Hedge fund managers should not match trades between commonly managed accounts in thinly traded (or illiquid) securities as this may pose potential problems under the Investment Advisors Act of 1940.  This holds true whether the hedge fund manager is registered or unregistered.  As the release below shows, the manager may [...]

In addition to fraud in the hedge fund space, investors need to be aware of fraud with strictly investment advisory firms.  This notice and the complaint below provide more information on a specific investment advisory firm fraud.