James Nicholson’s hedge fund dream ended with diminishing cash balance during the financial crisis. He told his clients Westgate Capital was

Paul Greenwood and Stephen Walsh’s 13-year Ponzi scheme collapsed in Feb 2009 when NFA conducted the first visit since the SEC’s 1995...

On February 24, 2012, Japan’s Financial Service Agency suspended an investment advisory license of AIJ, a little known Japanese hedge fund

Michael Balboa, portfolio manager of Millennium Global Emerging Credit Master Fund, Ltd., not only hid losses, but also inflated ...

Thomas Petters successfully ran a $3 billion show over 13 years. His illegitimate "asset based lending" scheme seems to be very simple and..

How important is it to have an established infrastructure for a hedge fund start-up? A trading error or loss of important financial data may

How important is it to check the legitimacy of the audit firm? The importance of reviewing financial statements goes without saying.