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Posts Tagged ‘fraud’

Hedge Funds Hit Epic Highs And Shameful Lows All In One Week

Hedge Funds Hit Epic Highs And Shameful Lows All In One Week

The hedge fund industry in a recession is like a week too long in Vegas, or dating someone with a personality disorder – a rollercoaster…

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Posted by Ben Beaumont-Thomas in Hot Money | October 14, 2009 11:47AM | No Comments »


Fraud Watch: Chinese Fugitives, $1000 Cognac, And Ruth The Robot

Fraud Watch: Chinese Fugitives, $1000 Cognac, And Ruth The Robot

After the slew of high-profile fraud cases that came to light as the recession deepened, things have settled down somewhat – fraud fans like us…

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Posted by Ben Beaumont-Thomas in Hot Money | August 6, 2009 12:03PM | 1 Comment »


This Week's Madoff News: Ruth Gets Sued, Bernie Gets Buff, Brokers Get Bitchy

This Week’s Madoff News: Ruth Gets Sued, Bernie Gets Buff, Brokers Get Bitchy

After the powers that be decided there was no evidence linking her to her husband’s crimes, Ruth Madoff is off the criminal proceedings…

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Posted by Ben Beaumont-Thomas in Hot Money | July 30, 2009 12:00PM | No Comments »


Allen Stanford Case Gets Weirder With Libya Link

Allen Stanford Case Gets Weirder With Libya Link

The Allen Stanford saga just gets better and better. The orange cricket fan was good comedy value before the scandal hit, with his…

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Posted by Ben Beaumont-Thomas in Hot Money | July 8, 2009 10:59AM | No Comments »


Ruth Madoff Off The Hook, Angry Investors Momentarily Distracted By Payouts

Ruth Madoff Off The Hook, Angry Investors Momentarily Distracted By Payouts

Since the Madoff story broke, his wife Ruth presumably hasn’t been able to go anywhere without groups of her friends quickly winding up hushed conversations…

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Posted by Ben Beaumont-Thomas in Hot Money | July 2, 2009 11:02AM | No Comments »


Cohmad, Stanley Chais Get Sued During Run Up To Madoff's Sentencing

Cohmad, Stanley Chais Get Sued During Run Up To Madoff’s Sentencing

Madoff’s victims have a morsel of retribution to tie them over to the big day next week when the fraudster gets sent down –

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Posted by Ben Beaumont-Thomas in Hot Money | June 23, 2009 11:15AM | No Comments »


What A Crap Week For Credit Suisse

What A Crap Week For Credit Suisse

Credit Suisse, those Swiss finance guys who do just about everything finance-y, have had a ton of bad form this week – one of their…

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Posted by Ben Beaumont-Thomas in Hot Money | June 10, 2009 1:23PM | No Comments »


Marc Dreier's Birthday Present Is A Big Box Of Bail

Marc Dreier’s Birthday Present Is A Big Box Of Bail

Hey everyone, it’s Marc Dreier’s birthday today! Happy birthday Marc Dreier! What did you get? Some Wii games? Jonas Brothers tickets? Bail? Well, one out…

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Posted by Ben Beaumont-Thomas in Hot Money | May 12, 2009 10:59AM | 1 Comment »


Danny Pang Arrested, Crazy Life Put On Hold

Danny Pang Arrested, Crazy Life Put On Hold

Danny Pang, the Californian money-manager whose life has seemingly been unravelling since he was born, has finally gone into custody today. He’s been…

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Posted by Ben Beaumont-Thomas in Hot Money | April 29, 2009 1:35PM | No Comments »


Eve Online Fraud Shows That You Can't Escape The Financial Crisis, Even In Your Parents' Basement

Eve Online Fraud Shows That You Can’t Escape The Financial Crisis, Even In Your Parents’ Basement

Even in Eve Online, you’re no longer safe from crooked bankers keen on pocketing a few billion of other people’s cash; theĀ “massively

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Posted by Mike Smith in Hot Money | February 9, 2009 10:22AM | 2 Comments »


Mega-Fraudster Kazutsugi Nami At Least Has Some Clean Pants To Go To Court In

Mega-Fraudster Kazutsugi Nami At Least Has Some Clean Pants To Go To Court In

Kazutsugi Nami is the latest to join the Ponzi hall of fame, allegedly committing a $2.5bn fraud in Japan. That means he’s burnt through more…

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Posted by Ben Beaumont-Thomas in Hot Money | February 6, 2009 12:14PM | 1 Comment »


Jesus, Not Another One: Nicholas Cosmo Is The Newest Ponzi In Town

Jesus, Not Another One: Nicholas Cosmo Is The Newest Ponzi In Town

The financial crisis has exposed yet more Ponzi-style wonkiness in the form of Nicholas Cosmo, who was arrested yesterday after an

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Posted by Ben Beaumont-Thomas in Hot Money | January 27, 2009 1:09PM | 3 Comments »