The Traderszone Network

Published in TZ Latest News 30 January, 2015 by The TZ Newswire Staff

Venezuelan Fraudster Gets To Spend Extra 13 Years In U.S.

Francisco Illarramendi ran a hedge fund whose strategy was to steal about $400 million from Venezuela’s national oil company. This is illegal in the United States, and that is a lot of money—even if his lawyers say Illarramendi’s was the first Ponzi scheme in history to turn a profit for investors. And so instead of…

Continue reading »

read more