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 Post subject: Scott Rostein
PostPosted: Wed Jan 25, 2012 5:11 pm 
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Joined: Wed Jan 25, 2012 5:05 pm
Posts: 1
Scott Rosteins actions

There are endless articles from the press related to the matter such as:

http://blogs.browardpalmbeach.com/pulp/ ... n_suit.php if accurate really demo straights was in a panic but is what he did illegal? Or is it an ethics issue?

Bloomberg even has something to say about it.

http://mobile.bloomberg.com/news/2012-0 ... -investors

“The suit includes numerous potentially damning emails from managers of the hedge funds -- including Meir "Mark" Nordlicht -- that indicate they had knowledge that Rothstein's investment scheme was fraudulent beginning after the Ponzi suffered what one of the scheme's insiders termed a "meltdown" in April 2009.” Does anyone have a copy of this complaint?


After all it is clear that Scott Rosteins scam is that of his own but you would think being in the industry knew better but how does one go about proving that? I guess it just comes down to a trust issue in a his own circle.


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