I am not a crookAccused hedge fund fraudster Helmut Kiener certainly has a knack for hitting it off with insignificant countries.
The K1 Group founder, last seen trying to bust out of a German jail by claiming to be an attaché of the embassy of Guinea-Bissau in The Netherlands, saw something in this pretty little thing, hiring her to sell his (allegedly) worthless products. Just nine months later, Aurelia Frick is serving as minister of justice, foreign affairs and cultural affairs for the august Principality of Liechtenstein, a country so small that a 34-year-old with no previous ministerial experience can be named minister of justice and foreign affairs, with time left over to handle cultural matters.
Before her meteoric rise in Vaduz, Frick was a director at K1 Fund Distribution, Kiener’s London-based sales arm. But she quit just four months after getting the job in August 2008 “after her requests for information on K1’s business activities were answered unsatisfactorily.” She signed the firm’s 2007 report, but apparently wasn’t ready to do any kind of dirty work that might foreclose on her dream of one day administering justice to the 35,000 people of Liechtenstein while simultaneously representing the most important 61.7 square miles on earth abroad (by which we mean the suburbs of Vaduz).
Liechtenstein minister worked for K1 hedge fund [Reuters]
Liechtenstein Minister Was Director at Sales Arm of Kiener’s K1 [Bloomberg]