Who’s Next To Be Nabbed In Petters Fraud?
“A Petters fraud feeder fund, Palm Beach Capital with $1.6 billion of assets, is rushing to protect its asses before investors and regulators take a piece of the fund managers’ hide. On Thursday investors in Bruce Prevost and David Harrold’s Palm Beach Gardens-based hedge fund, received a letter to investors, which some recipients are now calling a delusional form of denial.”
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