CARE TO CONTRIBUTE?
TIPS, COMMENTS and QUESTIONS are always welcome (and strictly confidential).
Contact The Daily Caveat via:
Or just
read the feed...
Previous Posts
- Slap on the Wrist for Worldcom Auditors
- CTFC Sues Sentinel Management Group
- Parmalat Settles U.S. Class Action
- 22,000 Dead in Myanmar Cyclone
- Kroll in Embarassing Work Product Mix-Up?
- Former SEC Chairs Donaldson, Levitt and Ruder Chim...
- Lifelock Sued Over False I.D. Theft Protection Claims
- Former Monster.com COO Faces Backdating Charges
- Torkelson Pleads Guilty (Again)
- Herbalife CEO Forced to Admit Resume Padding
5/06/2008
SEC Puts the Kibosh on San Diego Hedge Fund Manager
SEC Puts the Kibosh on San Diego Hedge Fund Manager
Plus Money is not exactly a name that would inspire me to invest millions. Sounds like a shady payday loan company and shady it definitely is. The SEC has jumped on Plus Money proprietor, Matthew La Madrid freezing his assets while they sort through his $30 million dollar hedge fund investment fraud.
Labels: Fraud, hedge fund, Matthew La Madrid, Plus Money
I always assumed it meant something nice, although my Spanish isn't quite as good as hers (or yours, it seems).
Frankly, if you have "facts" you are welcome to post them here. Or better yet, send them along to the SEC. They're the folks investigating.
And Plus Money is still a bad name for a hedge fund.
-- MDT