The SEC has charged venture capitalist, William Del Biaggio, with fraud. He is charged with defrauding investors and using the proceeds to buy his $25M share in the NHL's Nashville Predators. Using his clients' assets as collateral, he was able to obtain $100M in loans. He also forged documents to obtain $45M in loans. He resigned from his post of general partner at Sand Hill Capital in May. For more see S.E.C Charges Venture Capitalist With Fraud by CLAIRE CAIN MILLER, published: December 4, 2008.
Latest Posts
- 3 Options for Fixing Social Security, From $200-a-Month Raises to Means Testing May 31, 2023
- ABC’s of Medigap Policies May 23, 2023
- Will You Pay Higher Taxes in Retirement? May 23, 2023
- Free to Be May 23, 2023
- What Would Your Investing Obituary Say? May 23, 2023
Categories
- Books
- Companies
- Current Affairs
- Financial Articles
- Financial Planning Perspectives
- FINRA
- Fleeced
- Fleecing Fighters
- Focus on Fiduciary
- Government
- International
- Key Data
- On the Fleece
- People
- Quarterly Market Analysis
- Quarterly Newsletters & Planning Alerts
- Quote of the Day
- Religion
- Retirement
- Sports
- Stat of the Day
- Uncategorized
- Web/Tech