This Merkin Is a Fake!

1:30 PM Are we surprised?

April 6, 2009

1 Min Read
This Merkin Is a Fake!

1:30 PM -- It seems people will give their money to anyone. Reuters reports today:

  • New York's attorney general brought civil fraud charges against hedge fund operator Ezra Merkin on Monday, saying he duped investors by secretly steering $2.4 billion in client money into Bernard Madoff's Ponzi fraud without their permission.

As if "hedge" wasn't enough of a warning sign...

— Larry, Attack Monkey, Light Reading

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