Archive for the ‘Massachusetts’ Category

Finding the Legitimate Brokers

Thursday, February 5th, 2009

As all the Ponzi schemes hit the news, it’s getting more difficult to decide what you should do with your money.  Whether it’s Madoff, Nadel, or Cosmo, there are always more details to the latest scams on the front pages of the news.  It’s gotten so extreme that the Massachusetts Secretary of State, William Galvin, has launched an ad campaign asking investors to report suspicious activities or brokers.    (more…)

Posted in Investor Protection, Massachusetts, Investors at Risk, Scandals, Scams, SEC, Securities Industry (general) | No Comments »

SEC Obtains Judgment Against Massachusetts Hedge Fund Manager

Thursday, September 25th, 2008

The U.S. Securities and Exchange Commission (”SEC”) has obtained a judgment against Evan K. Andersen, of Boston, Massachusetts - formerly the head of a hedge fund called Lydia Capital, LLC - for defrauding more than 60 people out of more than $30 million. According to the SEC’s press release: (more…)

Posted in Investor Protection, Massachusetts, Investors at Risk, SEC, Scams, Hedge Funds, Securities Industry (general) | No Comments »