Investors Didn’t Redeem 90 Percent Of Their Money Because Founder/CEO/CIO Was Nailed In Prostitution Bust

They redeemed 90 percent of their money because they thought everyone else was going to redeem for that reason. Clients have requested to redeem more than 90 percent of the $3.2 billion the fund of hedge funds managed around the time of the arrest in late August, according to three people fam…

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Investors Didn’t Redeem 90 Percent Of Their Money Because Founder/CEO/CIO Was Nailed In Prostitution Bust