HedgeTracker Launches Hall of Fraud List

March 25th, 2009
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HedgeTracker announces the launch of its Hall of Fraud List. The list has been created to keep track of the incredible number of frauds and ponzi schemes that have been uncovered recently in the financial industry. While the major news agencies have been focusing heavily on the infamous schemes of Bernie Madoff and R. Allen Stanford, there are numerous other fraudsters whose deeds have not received the attention they deserve.

Notably, the list includes both alleged fraudsters and those who have already been proven guilty in a court of law. The initial list includes 20 infamous characters who have reportedly stolen over $78.6 billion from investors. The list has been growing at an alarming rate, as over 10 fraudsters have been added in the last two months.

The editors of HedgeTracker encourage our readers to suggest additions as well as updates.
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Related Article Tags: Hedge Fund Fraud and Ponzi Scheme News

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3 Comments

by DA on April 28th, 2009

March 2009: Weavering Macro Fixed Income Fund, managed by Weavering Capital (UK). ~$350mm would make it into the top 10

by James Cas on April 8th, 2009

I predict $80bn by the end of April

by D. Williams on March 25th, 2009

What about Bruce Friedman's Diversified Lending Group, Inc. (DLG) and Applied Equities, Inc. (AEI)? That's a fraud that should be getting more attention.


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