Saturday, 25 April 2015
Last updated 23 hours ago
Jun 14 2013 | 10:04am ET
The Commodity Futures Trading Commission has sued an Arizona hedge fund manager for sending bogus statements to his clients.
Thomas Hampton raised about $5.2 million in 2010 and 2011 for a commodities hedge fund, trumpeting its profits to investors. The only problems were, Hampton Capital Markets was regularly losing money and Hampton himself had failed to register as a commodity pool operated.
According to the CFTC, Hampton defrauded at least 72 people.
The regulator said it is seeking disgorgement, restitution and fines, as well as a trading ban.
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…