AnCaps
ANARCHO-CAPITALISTS
Bitch-Slapping Statists For Fun & Profit Based On The Non-Aggression Principle
 
HomePortalGalleryRegisterLog in

 :: Anarcho-Capitalist Categorical Imperatives :: AnCaps' Laissez-faire Free Trade Zone
 

 Damages of $450 million awarded against hedge fund manager over fraud

View previous topic View next topic Go down 
AuthorMessage
RR Phantom

RR Phantom

Location : Wasted Space
Job/hobbies : Cayman Islands Actuary

Damages of $450 million awarded against hedge fund manager over fraud Vide
PostSubject: Damages of $450 million awarded against hedge fund manager over fraud   Damages of $450 million awarded against hedge fund manager over fraud Icon_minitimeSun Dec 16, 2012 7:14 pm
THE founder of a $580 million Mayfair hedge fund firm that imploded amid a flurry of fraud allegations in 2009 has been charged with six offences including false trading, false accounting and forgery.

The charges brought by the Serious Fraud Office follow a three-and-a-half-year investigation into the investment activities of the Swedish banker Magnus Peterson on behalf of clients of the firm, Weavering Capital.

The hedge fund had appeared to be performing well until a rush of investors sought to pull out in the wake of the banking crisis at the end of 2008. By March 2009, administrators were called in and investors said they had lost more than $530 million.

In civil proceedings earlier this year 49-year-old Peterson denied wrongdoing and suggested another Weavering employee had acted fraudulently. His legal representatives could not be reached for comment.

Read more: http://www.smh.com.au/business/banker-on-fraud-charge-20121216-2bhhl.html#ixzz2FGP6zeTB

_________________
Anarcho Capitalists Retail ,  OZschwitz Downunder BoutiqueAnarcho-Capitalists,AnCaps Forum,Anti-State,Anti-Statist,Inalienable Rights Defenders,Non-Aggression Principle,Non-Initiation of Force Principle,Rothbardians,Anarchist,Capitalist,objectivism,Ayn Rand,Anarcho-Capitalism,Anarcho-Capitalist,politics,libertarianism,Ancap Forum,Anarchist Forum,Vulgar Libertarians,Hippies of The Right,Forum for Anarcho-Capitalist,Forum for Anarcho-Capitalists,Forum for AnCap,Forum for AnCaps,Libertarian,Anarcho-Objectivist,Freedom, Laissez Faire, Free Trade, Black Market, Randroid, Randroids, Rothbardian, AynArchist, Anarcho-Capitalist Forum, Anarchism, Anarchy, Free Market Anarchism, Free Market Anarchy, Market Anarchy
Damages of $450 million awarded against hedge fund manager over fraud PgkowJT
Back to top Go down
 

Damages of $450 million awarded against hedge fund manager over fraud

View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
 :: Anarcho-Capitalist Categorical Imperatives :: AnCaps' Laissez-faire Free Trade Zone-
 :: 

Anarcho-Capitalist Categorical Imperatives

 :: 

AnCaps' Laissez-faire Free Trade Zone
Index, Portal, Induct Yourself Here, Forum Technical Non-Assistance, Philosophy & Religion, Realpolitik Statism & Bureaucracy, Law & Order, Rights Individualism & Lifestyles, Laissez-faire Free Trade Zone, Science Technology & Environment, Psychology Edumbcation & IndoctriNation, Culture & Art, Ancapdemia's Ebony Basement, High Octane One-on-One Debate, Celebrate Evildoers' Inadvertent Contributions to Ancap Values, Idiot of the Week Award Nominees Are, Humor, Freestyle Miscellaneous, Ancaps Emporium, OZschwitz Slave Pen Downunder Boutique, Anarcho-Capitalists,AnCaps Forum,Anti-State,Anti-Statist,Inalienable Rights Defenders,Non-Aggression Principle,Non-Initiation of Force Principle,Rothbardians,Anarchist,Capitalist,objectivism,Ayn Rand,Anarcho-Capitalism,Anarcho-Capitalist,politics,libertarianism,Ancap Forum,Anarchist Forum,Vulgar Libertarians,Hippies of The Right,Forum for Anarcho-Capitalist,Forum for Anarcho-Capitalists,Forum for AnCap,Forum for AnCaps,Libertarian,Anarcho-Objectivist,Freedom, Laissez Faire, Free Trade, Black Market, Randroid, Randroids, Rothbardian, AynArchist,Anarcho-Capitalist Forum, Anarchism, Anarchy, Free Market Anarchism, Free Market Anarchy, Market Anarchy, Market Anarchism, Volunteerism, Libertarian anarchism,
Create a forum | ©phpBB | Free forum support | Contact | Report an abuse | Forumotion.com