27 February 2011
Hedge Fund Manager accused by SEC
Florian Homm, once a high-flying hedge fund manager in Germany, is accused by the SEC of having manipulated share prices. A prominent German news magazine claims that losses of up to US$ 200 million remain unexplained. Good looks and a good talk should never be the basis for entrusting one's hard-earned money to an investment manager.
Labels:
Fraud,
Hedge Funds,
Risk