Two former officers of a U. S.-based investment adviser have been accused of perpetrating a “massive fraud” against clients, who include an offshore bank and several offshore hedge funds.The conduct of Eric A. Bloom, 42, a resident of Northbrook, Illinois, and Charles K. Mosley, 43, a resident of Vernon Hills, Illinois, caused the loss of “several hundred million dollars” of approximately $1.4 billion of assets under management that their Chicago-based firm, Sentinel Management Group Inc., had at the time it filed for bankruptcy last year, according to the U. S. Securities and Exchange Commission.
Investment advisers accused of “massive fraud” against offshore firms and others
16 years ago
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British Virgin Islands Cayman Islands Fraud Investment Liquidations & InsolvenciesKeywords
Capital Multi-Strategy Master GlobeOp Financial Services Charles Mosley Dighton UTG Fund SPC obo Aggressive Portfolio Discus Master Limited Eric Bloom