Alleged Hedge Fund Tipster Remains Jailed
| January 4th, 2011 | ||
| Winifred Jiau, a former consultant at Primary Global Research LLC, will remained jailed after failing to pay bail of $250,000. Jiau is accused of providing several hedge funds with insider information regarding the financial results of Nvidia Corp and Marvell Technology Group, both publicly-traded technology companies. The alleged tips were provided between 2006 and 2008. Jiau will remain jailed pending trial. | ||
See Press Release | ||
Related Article Tags: Hedge Fund Fraud and Ponzi Scheme News
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Hall of Fraud Top 10
Firm | Assets* |
Madoff Investments LLC | 64,800 |
Stanford Financial Group | 8,000 |
Petters Group Worldwide | 3,500 |
Frankel International & Frankel Chemical | 1,200 |
Satyam Computer Services | 1,000 |
Westgate Capital Management, LLC | 900 |
Capitol Investments USA, Inc | 900 |
Dreier LLP | 700 |
WG Trading Co | 554 |
Weavering Capital | 500 |
*Estimate of alleged Fraud/Investor Losses ($MM) | |
