Thinking of investing in a hedge fund? Here are some tips for sniffing out potential fraud.
Posted on March 15, 2011 by Mark Pugsley
This is the text of a terrific article that appeared in the Wall Street Journal yesterday about how to sniff out potential fraud in a hedge fund:
Danger! Danger!
Thinking of investing in a hedge fund? Here are some tips for sniffing out potential fraud.
By ROB CURRAN
In the age of Madoff, small investors are rightfully leery of hedge funds with eye-popping returns and a low profile. But how do you size up the risk of fraud?