Category Archives: Ponzi

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

The FBI Is On the Case of Hedge Fund Fraud

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 , , , , , , | Comments Off

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

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 , , , , , | Comments Off