Man bites dog (+ dirt request)
AP is reporting that three men have been charged with cheating an unnamed – sheesh – Chicago-area hedge fund of $25 million.
“Richard E. Warren of Fredericksburg, Va., David L. Myatt of Los Banos, Calif., and Frank L. Cowles of Scottsville, Va., were each charged with wire fraud…All three were arrested over the weekend.
“The complaint alleges the men made false statements to a hedge fund operator so they could keep $25 million from the fund that was invested this year with Nevada-based American Trade Industries, Inc., according to US Attorney Patrick Fitzgerald and the US Secret Service in Chicago.”
Yes, that Patrick Fitzgerald. Any clues as to the identity of the unnamed hedge fund gratefully accepted on the usual basis: a free lifetime subscription to NakedShorts and the Judy Miller guarantee of confidentiality. Just trying to strike another blow for transparency.
check this out
Posted by: Econti55@aol.com | May 21, 2006 at 22:46