Man Arrested For Collecting Cans To Start A Hedge Fund

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.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...