The Daily Caveat is written by Michael Thomas, a recovering corporate investigator in the Washington, DC-area.

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Previous Posts
3/02/2006
Hedge Fund Fraudster Pleads Guilty
Marvin Irwin Friedman, former head of hedge fund Global Money Management plead guilty this week to tax evasion and conspiracy to commit mail fraud. GMM has claimed assets of $116 million under its control. The fund later collapsed with losses of $60 million. Friedman is set for sentencing in May and two other GMM employees are awaiting trial.

Read more here.

-- MDT
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