Crime Show Seeks Help To Nab Convicted Hedge Fund Fraudster

Dec 19 2011 | 12:48pm ET

True-crime television shows usually focus on murders, kidnappings and other dark sides of human action. But occasionally the seedier side of the financial world takes center stage.

So it was on the BBC's Crimewatch last week, which featured the story of a convicted hedge fund fraudster. Robert Taylor-Barefoot was convicted in absentia in September of ripping investors off to the tune of £237,000. He was tried in absentia because he is a fugitive, having skipped bail before the trial began.

London's police believe that Taylor-Barefoot has left the country.

Taylor-Barefoot's BBA Capita Capital Management ran into trouble with Jersey regulators almost three years ago for pushing unauthorized investment funds. Later in 2009, the Jersey Financial Services Commission warned that BBA Capital "displays warning signs of being set up for a fraudulent purposes."

And so it was, according to police, with Taylor-Barefoot using client money on his own "lavish lifestyle."

Taylor-Barefoot was convicted on seven counts of false representation and one count each of conspiracy to defraud and contravening a directors disqualification order. He was sentenced to six-and-a-half years in prison.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...