Category Archives: Fraud

The FBI Is On the Case of Hedge Fund Fraud

Posted on February 15, 2013 by admin

Over the past few years, the U.S. Federal Bureau of Investigation (“FBI”) has become increasingly involved in policing hedge fund fraud. Traditionally, thought of by most as focusing on more criminal activities such as terrorism and bank robbery, the FBI … Continue reading →

Posted in FBI, Fraud, Fund of Hedge Funds, Operational Risk, Operational due diligence, Ponzi, SEC, insider trading | Tagged , , , , , , | Leave a comment

Fund of Funds Fraud – Helmut Kiener’s K1 Saga Continues With Barclays Lawsuits

Posted on January 23, 2013 by admin

Germany’s so-called “mini Madoff” Helmut Kiener is back in the news. You may remember Mr. Kiener as being the founder of a fund of funds operation called the K1 Group. The K1 Group was a Ponzi scheme, and Mr. Kiener … Continue reading →

Posted in Fraud, Fund of Hedge Funds, Operational Risk, Operational due diligence, Ponzi | Tagged , , , , , | Leave a comment

Silicon Valley Hedge Fund Fraud – Asquena Albert Hu’s Sentenced to 12 years in Prison

Posted on January 16, 2013 by admin

Things seemed to be going well for Silicon Valley hedge fund manager Albert Hu for quite some time. Beginning around 2001 his at least half a dozen hedge funds were supposedly performing well and successfully raising capital from investors. Things … Continue reading →

Posted in Fraud, Legal and Compliance, Operational Risk, Operational due diligence, Ponzi, Regulation, hedge funds | Tagged , , , , , | Leave a comment