Oct 29 2009 | 12:13pm ET
Police in the U.S. and Germany have made three arrests in connection with the fraud investigation into German fund of hedge funds K1 Group.
The firm’s founder, Helmut Kiener, was arrested yesterday on suspicion of fraud and breach of trust. A German court today ordered him held in custody.
Meanwhile, U.S. police arrested two suspects in Miami and Nebraska, both reportedly connected to the K1 probe.

Feb 8 2012 | 9:31am ET
Direxion president and CIO Dan O’Neill says portfolio diversification is about...

Feb 2 2012 | 2:37am ET
Claren Road Asset Management co-founder Sean Fahey isn't doing much to endear...

Feb 2 2012 | 6:15am ET
On January 31, the SEC held an all-day conference to deliver a clear message: CEOs...
Jan 23 2012 | 11:26am ET
South Florida’s version of Occupy Wall Street—Occupy Palm Beach Country—is staging what I’ve been told is a less-than-impressive protest outside the GAIM conference site. Read more…