Sunday, 29 March 2015
Last updated 2 days ago
May 30 2013 | 11:07am ET
Penn State football champion turned hedge fund manager Paul Pomfret has pleaded guilty to defrauding a client.
Pomfret faces up to 20 years in prison for wire fraud. He admitted he ripped a South Carolina businessman off to the tune of $500,000, using most of the money to make Ponzi scheme payments to existing investors in his Palm Beach, Fla.-based PDP Capital Investments.
Pomfret was a member of Penn State's 1986 national championship team, playing tight end.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…