PPP KINGDOM

PPP KINGDOM

GERMAN HEDGE FUND FOUNDER SENTENCED TO 10 YEARS

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A former hedge fund manager who defrauded investors out of €345m has been sentenced to more than 10 years imprisonment after one of Germany’s most spectacular cases of financial crime to be revealed by the global economic crisis.

HELMUT KIENER – KI GROUP founder

http://www.ft.com/intl/cms/s/0/c3f5fd6a-b44c-11e0-9eb8-00144feabdc0.html#axzz1TQrY81l4

http://www.bloomberg.com/news/2011-07-22/k1-hedge-fund-founder-kiener-is-jailed-for-10-years-in-ponzi-scheme-fraud.html

Best Regards,

FINANCIAL WARRIOR

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