FraudNews
05-13-2011, 03:35 AM
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Bayou Group Estate Wins $13 Million From Hedge Funds for Fraud Investors (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF00timEtpfYXMpoJvG-IX6JmDRyA&url=http://www.bloomberg.com/news/2011-05-13/bayou-group-estate-wins-13-million-from-hedge-funds-for-fraud-investors.html)
Bloomberg
The jury found the funds failed to prove that they had, in good faith, conducted a diligent investigation of the Bayou fraud before withdrawing their principal investment, he said. “This is first time that a Ponzi scheme estate has been successful at ...
and more » (http://news.google.co.za/news/more?pz=1&ned=en_za&ncl=d3HREbuRWh7T7eM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF00timEtpfYXMpoJvG-IX6JmDRyA&url=http://www.bloomberg.com/news/2011-05-13/bayou-group-estate-wins-13-million-from-hedge-funds-for-fraud-investors.html)
Bayou Group Estate Wins $13 Million From Hedge Funds for Fraud Investors (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF00timEtpfYXMpoJvG-IX6JmDRyA&url=http://www.bloomberg.com/news/2011-05-13/bayou-group-estate-wins-13-million-from-hedge-funds-for-fraud-investors.html)
Bloomberg
The jury found the funds failed to prove that they had, in good faith, conducted a diligent investigation of the Bayou fraud before withdrawing their principal investment, he said. “This is first time that a Ponzi scheme estate has been successful at ...
and more » (http://news.google.co.za/news/more?pz=1&ned=en_za&ncl=d3HREbuRWh7T7eM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF00timEtpfYXMpoJvG-IX6JmDRyA&url=http://www.bloomberg.com/news/2011-05-13/bayou-group-estate-wins-13-million-from-hedge-funds-for-fraud-investors.html)