Monday, 26 January 2015
Last updated 4 hours ago
Apr 6 2011 | 3:47am ET
A Connecticut man has been arrested for trying to start a hedge fund—five cents at a time.
Police in West Hartford said that Brent Goggins was “going door-to-door collecting cans because he was using them to get money to start a hedge fund.” Unsurprisingly, the people of Fenwood and Exeter avenues and Carol Road were suspicious, and alerted police.
Goggins, 32, was charged with soliciting without a permit. It’s not his first run-in with the law; he pleaded guilty to resisting arrest in 2007.
Speaking of resisting arrest, Goggins’ collar came with a bonus for law enforcement: He was knocking on doors with one Charles Cravish. Cravish, it turns out, is a fugitive, having been charged with resisting arrest in Florida.
Goggins was released on $100 bond, posted by his girlfriend despite the fact that Goggins and Cravish were using her car for their caper and got it towed. Cravish faces extradition to Florida.
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…