Hedge funds lost nearly $300 billion due to bad investments
in the first nine months of 2008.
hedge fund investors are sitting ducks
"Hedge fund losses should concern every investor because they [hedge fund advisors] are supposed to be the smartest guys out there," reported TIME magazine last year. Investors need to know how easy it is for con men to start hedge funds. While at the SEC, Investor’s Watchdog’s founder investigated hedge funds and limited partnerships that turned out to be very sophisticated Ponzi schemes.
Decades after Charles Ponzi first lent his name to the scam that, each year, robs thousands of Americans of their retirement nest egg, senior citizens and baby boomers still fall prey to it, with no hope of recovery. Having been trained by the SEC, Investor’s Watchdog can smell a scam and protect customers from it.
If you are a senior citizen or baby boomer trying to protect a nest egg, ask a former SEC Enforcement Branch Chief to investigate before you invest in any unregistered investment, especially a hedge fund.
