Porn Hedge Fund Founder Refutes Fraud Claims
Apr 8 2009 | 2:00am ET
Is last year’s most provocative hedge fund launch just another fraud?
Sources close to AdultVest Inc., which manages the Priapus Investment Fund, an adult entertainment hedge and private equity fund, say that it is spending investor money on more than just investments, and that what investments there are don’t account for the returns it claims.
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