Two More Hedge Fund Ponzi Schemes

[Freddie]

Nope, firm was based out of Nashville, I was with them for several years in the 80's. The firm is a great honest firm but they had to pay a large legal bill defending against lawsuits. It was a total shock to all that knew him, no one could believe.

Blue M - it is almost always "no one could believe this guy...." or "he was the last guy that anyone ever expected." This is almost always the case.

NASD firm? I think I know who you are talking about. The SE Atlantic region had a few good firms like that.

People sometimes do incredibly stupid things.

What is sad is they destroy other families as well as their own.

 

[bluemarlin08]

Wife had no clue, we went on conventions with them, they were top notch, but BAM, stuff happens, lives get ruined. Heard wife had to move in with family, before they were living a Large life.