Friday, 22 May 2015
Last updated 8 hours ago
Nov 28 2006 | 10:59am ET
Evan Misshula, the fraudster behind the hilariously-named bogus hedge fund Sane Capital, was sentenced to 21 months in the clink and ordered to repay all $537,000 he stole from his “investors,” or, in common parlance, victims. He’ll spend an additional three months under house arrest when he gets out.
New York- and Greenwich, Conn.-based Sane Capital, which Misshula founded in 2000, was really nothing more than an ATM for Misshula, who pocketed the “investments” and then lied to his “clients” about mythical returns on investments that, of course, did not exist. Misshula, who lived in Greenwich prior to his recent move to a supervised facility, pleaded guilty to his crimes—in this case, mail fraud—over the summer.
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…