Red Flags Abounded On Platinum Partners

摘要

Years before Mark Nordlicht was arrested for what's alleged to be one of the biggest investment frauds since Bernie Madoff's, U.S. authorities had plenty of reasons to take notice of his hedge fund, Platinum Partners. There was the time a bank accused him of helping a rogue trader, or the 2011 testimony by a confessed Florida Ponzi scheme operator who said Nordlicht lied to help him lure investors. And then there were the remarkable profits: Platinum claimed an annual average of 17 percent from 2003 through 2015, with no losing Anderson said Platinum displayed "red flags you can see from outer space."