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Old 12-07-2010, 05:33 PM   #1
Evil Vito
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I'm not entirely sure what the problem is. Sounds like they withdrew the money from that fund before anybody was aware that there was a Ponzi scheme going on. How could they get sued for that?

Guess that means anybody who happened to make money and withdrew early can get sued despite not doing anything wrong.
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Old 12-08-2010, 09:38 AM   #2
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Originally Posted by Big Vito 22 View Post
I'm not entirely sure what the problem is. Sounds like they withdrew the money from that fund before anybody was aware that there was a Ponzi scheme going on. How could they get sued for that?

Guess that means anybody who happened to make money and withdrew early can get sued despite not doing anything wrong.
There are always thoughts of insider information when this type of thing happens. It's big time illegal. That stuff is always investigated.
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Old 12-08-2010, 11:04 AM   #3
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Originally Posted by YOUR Hero View Post
There are always thoughts of insider information when this type of thing happens. It's big time illegal. That stuff is always investigated.
Yeah but they had a ton of other funds that they kept in there and lost a shitload on. The decision to honestly move one of their funds cost them.

Like I said though, doesn't sound like they're the only people getting sued over this. Gonna be mad settlements.
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