Posted on 04/29/2009 3:44:18 AM PDT by Kozman
...Francesco Rusciano of Ponta Negra has formally had his assets frozen by a Federal Judge at the request of the SEC.
"Rusciano went to great lengths to deceive investors, and the SEC is committed to ensuring that money managers who provide inaccurate information to investors and fail to uphold their fiduciary duties are held responsible for their misconduct," said Rose Romero, Director of the SEC's Fort Worth Regional Office...
The address given in the second Ponta Negra marketing document is 17th Floor, 650 Fifth Avenue New York. I can’t find any reference to Ponta Negra there – but there is a fund-of-hedge-funds based there. It is Paradigm Global Advisors and they manage roughly 270 million dollars according to the Wall Street Journal and 500 million on some other estimates I have seen.
Now Paradigm is a name that will ring a few bells. The firm is owned by Hunter and James Biden. Hunter is Vice President Joe Biden’s son and James is the Vice President’s brother...
(Excerpt) Read more at economicpolicyjournal.com ...
The dem party is the home of the traitors.
This will go nowhere...just like his daughter doing drugs.
This is last years news.
Laws of this country don’t apply to imperial Democratic
families.This is only the beginning!
“Biden Son and Brother...”
Once again, the media interjects race into this. Like they do whenever possible.
Meanwhile, Todd Palin got caught doing 26 in a 25, headline: “PALIN TICKETED FOR RECKLESS DRIVING”. Fake but accurate rendition of the media.
The two sons should share some of the responsibilty of people losses simply for operating a buisiness and beign “clueless”!
These folks had to have been operating under the protectorate of another Prince of America...the now VP...
Laws are for thee and not for me... that's the motto of the National Peoples Socialist Workers Democrat party.
The Dem party is a Criminal Enterprise
watch
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