Saturday, 28 November 2015
Last updated 5 hours ago
Jun 4 2008 | 1:27am ET
For some criminals, old habits die hard.That’s the story authorities are telling about John Eseppi, a Connecticut man convicted of larceny and barred by the terms of his parole from investment banking or anything like it. According to police, they found evidence that Eseppi has been passing himself off as a hedge fund manager when he was arrested for alleged drunk driving on May 23.
In his car, police found documents that showed he had set up a firm called Downing Capital Development in Avon, Conn., telling potential investors that he was a hedge fund manager. He even collected money, with checks for amounts as high as $10,000.
Eseppi reportedly told his probation officers that he was working for a construction company following his early release from prison in April, and that he has less than $100 to his name.
A Connecticut judge sent Eseppi back to jail on Monday for violating the terms of his probation.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…