Category Archives: Fraud

The Recent Madoff Trials – More Lies and Deception

At the end of 2013, issues related to the Bernard Madoff fraud were still being litigated. Since Madoff turned himself in to authorities he was never prosecuted in criminal court. This left many unanswered questions with regards to the mechanics … Continue reading

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Much Ado About Nothing – The SEC’s Missed Opportunity on the Advertising Ban Lift

The SEC recently adopted a rule that overturned an 80 year ban that will now allow hedge funds to advertise publicly, well kind of, for the first time. The rule, which passed by a 4-1 vote, came about because of … Continue reading

Posted in Endowment, Foundation, Fraud, JOBS Act, Operational Risk, Operational due diligence, SEC | Tagged , , , , | Comments Off

Commodity Trading Fraud – A Post Box Used To Fool Auditors and Regulators

Hedge fund fraud takes many different forms. From Ponzi schemes to inflated NAV’s, the options for hedge fund fraud are wide and varied. Ultimately, the end result is the same in all frauds – investors lose money. The methods however, … Continue reading

Posted in Auditor, CFTC / NFA, Commodity, Fraud, Operational Risk, Operational due diligence, Ponzi | Tagged , , , , | Comments Off