cheka.
19th December 2016, 01:05 PM
dumbasses -- dont they know their own talmud? steal from everybody BUT jews
if customers were goy they skate. will be interesting to see if they rape everybody else (like the madoff case) to return the money to the chosenites
madoff 'victims' got claims paid out of sipc insurance pool even though sipc insurance DOES NOT COVER HEDGE FUNDS. that was an outrage -- raping the fund that is there to protect mom/pop brokerage accts/mutual funds and the like
http://www.wsj.com/articles/platinum-partners-executives-charged-with-1-billion-securities-fraud-1482154926
Top executives of hedge fund Platinum Partners were arrested Monday morning and charged with defrauding investors in one of the biggest such cases since Bernard L. Madoff’s Ponzi scheme.
As recently as this fall, Platinum told investors it oversaw more than $1 billion scattered in eclectic investments like loans to bankrupt companies and thinly-traded pharmaceutical stocks. It boasted one of the steadiest performance track records in the hedge-fund industry, with no down years for its funds.
The indictment unsealed Monday in federal court in Brooklyn charges Platinum founder and Chief Investment Officer Mark Nordlicht, co-chief investment officer David Levy, and former president Uri Landesman with counts of securities fraud, investment adviser fraud and conspiracy.
Separately, the Securities and Exchange Commission on Monday charged Messrs. Nordlicht, Landesman and Levy with “conducting a fraudulent scheme” that involved inflating asset values and improperly using investor money to cover over losses.
Authorities said they and others falsely reported the value of Platinum’s assets, allowing the firm to collect a hefty cut of all investment gains and project a veneer of financial stability. In actuality, the firm’s investments were worth far less, and Platinum’s executives knowingly faked the performance figures, authorities said.
Platinum’s investors were focused in the observant Jewish community, people familiar with the matter said.
if customers were goy they skate. will be interesting to see if they rape everybody else (like the madoff case) to return the money to the chosenites
madoff 'victims' got claims paid out of sipc insurance pool even though sipc insurance DOES NOT COVER HEDGE FUNDS. that was an outrage -- raping the fund that is there to protect mom/pop brokerage accts/mutual funds and the like
http://www.wsj.com/articles/platinum-partners-executives-charged-with-1-billion-securities-fraud-1482154926
Top executives of hedge fund Platinum Partners were arrested Monday morning and charged with defrauding investors in one of the biggest such cases since Bernard L. Madoff’s Ponzi scheme.
As recently as this fall, Platinum told investors it oversaw more than $1 billion scattered in eclectic investments like loans to bankrupt companies and thinly-traded pharmaceutical stocks. It boasted one of the steadiest performance track records in the hedge-fund industry, with no down years for its funds.
The indictment unsealed Monday in federal court in Brooklyn charges Platinum founder and Chief Investment Officer Mark Nordlicht, co-chief investment officer David Levy, and former president Uri Landesman with counts of securities fraud, investment adviser fraud and conspiracy.
Separately, the Securities and Exchange Commission on Monday charged Messrs. Nordlicht, Landesman and Levy with “conducting a fraudulent scheme” that involved inflating asset values and improperly using investor money to cover over losses.
Authorities said they and others falsely reported the value of Platinum’s assets, allowing the firm to collect a hefty cut of all investment gains and project a veneer of financial stability. In actuality, the firm’s investments were worth far less, and Platinum’s executives knowingly faked the performance figures, authorities said.
Platinum’s investors were focused in the observant Jewish community, people familiar with the matter said.