• Hedge Funds

    Maybe This Whole K1 Thing Is Just A Big Misunderstanding

    The arrests and the hundreds of millions of dollars in potential losses notwithstanding, is the alleged fraud at German fund of hedge funds firm just a simple case of lost in translation? Or an accounting snafu? Cautioning against boldness, the firm’s auditor–a professor of finance and accounting at an august German institution of higher education–wants […]

    / Nov 2, 2009 at 11:28 AM
  • News

    Today In Handcuffs: Helmut Kiener Come On Down!

    German police have arrested the founder of K1 Group, Helmut Kiener, in connection with an investigation into allegations of fraud at his hedge fund, a local prosecutor said. European and U.S. authorities are investigating allegations that K1 embezzled millions of dollars from several global banks, including J.P. Morgan Chase & Co., Barclays PLC, BNP Paribas […]

    / Oct 29, 2009 at 12:15 PM

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