Toronto Police Seek Accused Hedge Fund Fraudster

Apr 30 2008 | 7:17am ET

Canadian police are on the hunt for a man accused of defrauding investors of C$400,000 (US$395,000) in a hedge fund scam.

An arrest warrant for John Bygott was issued yesterday, the Globe and Mail reports. Toronto police allege he promoted a “high-yield hedge fund” to investors using phony documents; he faces seven counts of fraud and six counts of using a forged document.

Bygott is a former chairman of the Annex Residents’ Association, the volunteer neighborhood organization for one of Toronto’s more affluent sections, the Annex.


In Depth

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Lifestyle

Einhorns Busts At WSOP, Finishes In 173rd

Jul 15 2014 | 10:48am ET

Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at...

Guest Contributor

Common Risk Parity Misperceptions

Jul 16 2014 | 11:02am ET

Over the past few years, risk parity has become a component of most investors’...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note