10 hedge fund frauds of 2010
December 21, 2010
Lawrence Delevingne
AR's rundown of the not so best or brightest.
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Denver's mini-Madoff,
Sean Mueller |
The term "hedge fund" is a catch-all designation for a lightly regulated private investment pool, and many of the country’s most outrageous conmen use the appellation when pitching a Ponzi. The past year offered no shortage of brazen attempts to steal investors' cash, and investors believing wildly optimistic return profiles from amateurish-sounding funds weren’t in short supply either. AR found 10 of the best from across the country.
See who made the list of notable hedge fund frauds in 2010 >>