{"id":14,"date":"2008-04-29T02:33:27","date_gmt":"2008-04-29T06:33:27","guid":{"rendered":"http:\/\/blogs.law.harvard.edu\/hedgefund\/2008\/04\/29\/one-fraudster\/"},"modified":"2008-04-29T02:33:27","modified_gmt":"2008-04-29T06:33:27","slug":"one-fraudster","status":"publish","type":"post","link":"https:\/\/archive.blogs.harvard.edu\/hedgefund\/2008\/04\/29\/one-fraudster\/","title":{"rendered":"One Fraudster"},"content":{"rendered":"<p><font face=\"Verdana,Arial,Helvetica\" size=\"2\">According to the SEC, &#8220;Alexander James Trabulse sent account statements to investors in his Fahey Fund that inflated the fund&#8217;s returns by as much as 200 percent, while using investor money to purchase cars and finance shopping sprees for his family members.&#8221;<\/font><\/p>\n<p>www dot sec dot gov\/news\/press\/2007\/2007-203.htm<\/p>\n<p>It is a illegal and unethical behavior that is common in hedge fund. They try to cover the loss and inflate the return to get the 2\/20 management fee. In this case, the regulation helps to prevent the fraud.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the SEC, &#8220;Alexander James Trabulse sent account statements to investors in his Fahey Fund that inflated the fund&#8217;s returns by as much as 200 percent, while using investor money to purchase cars and finance shopping sprees for his family members.&#8221; www dot sec dot gov\/news\/press\/2007\/2007-203.htm It is a illegal and unethical behavior that [&hellip;]<\/p>\n","protected":false},"author":1784,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,2559],"tags":[],"class_list":["post-14","post","type-post","status-publish","format-standard","hentry","category-uncategorized","category-yes-regulation"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/archive.blogs.harvard.edu\/hedgefund\/wp-json\/wp\/v2\/posts\/14","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.blogs.harvard.edu\/hedgefund\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.blogs.harvard.edu\/hedgefund\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/hedgefund\/wp-json\/wp\/v2\/users\/1784"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/hedgefund\/wp-json\/wp\/v2\/comments?post=14"}],"version-history":[{"count":0,"href":"https:\/\/archive.blogs.harvard.edu\/hedgefund\/wp-json\/wp\/v2\/posts\/14\/revisions"}],"wp:attachment":[{"href":"https:\/\/archive.blogs.harvard.edu\/hedgefund\/wp-json\/wp\/v2\/media?parent=14"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/hedgefund\/wp-json\/wp\/v2\/categories?post=14"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/hedgefund\/wp-json\/wp\/v2\/tags?post=14"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}