Sunday, 1 March 2015
Last updated 2 days ago
Feb 18 2011 | 3:14am ET
ROME—Brian Kim, the fugitive hedge fund manager charged this week with running a $4 million Ponzi scheme, may be on the lam in Italy.
The Liquid Capital Management founder disappeared last month, failing to appear at his trial on a separate fraud charge, that one for bilking his Manhattan condominium association out of $400,000. But the new tenants of Liquid’s former Manhattan offices said he’s been gone since well before December.
Now, the New York Post reports he may be in Italy, where a friend, Carol Ann Ransaw, lives.
Ransaw, a makeup artist who used to live in Manhattan, had been looking for Kim after he failed to call her over the holidays. But a cagey Ransaw told the Post on Wednesday, “everything’s fine. He’s fine.”
“He’s a really great person, that’s all I can say,” she added.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…