View Single Post
Old May 10th, 2007, 05:05 PM   #10
Popes
Feeding Frenzy
 
Popes's Avatar
 
Join Date: Mar 2007
Location: St. Paul, MN
Posts: 1,052
Popes is on a distinguished road
Default Re: Big trade (1.1) for Popes and Absolut

Wow, I had no idea.

[After reading up] Not really a fake investment scam. He was running a hedge fund and he basically gave out false info about how it was doing so people would keep investing even though it was losing money, then he stole $2.5 million from the fund. I couldn't find anything about how long he's in prison. All the articles are from when he pled guilty (over a year ago) and say he was facing up to 20 years in federal prison.

Well done, Mr. Fenney. Well done.
Popes is offline   Reply With Quote