The decision to pursue Private Credit Funds was one I strong opposed in 2013. Sadly, I was correct and it appears the losses from Bridging Finance may just be the tip of the iceberg opmglobal.com/opmwire/the-ni…
Got to love it when your money manager who you’ve paid millions in fees to thinks they have discovered fraud, can’t get good answers so they cash out of the partnership in the fund they sold you. Leave you as a bag holder. Reading this actually makes me sick to my stomach. 
The real sad thing is that many people involved in perpetuating this fraud either new better or should have known better but due to greed and huge egos they turned a blind eye to it. Doubt they will ever feel the shame or pay the price they should.
Guys like Wilson proudly state that they say irregularities like he’s the smart one. Well fuck him. He cashed out and cared less for his clients. Shame on you John. There’s guys involved in this that refuse comments and will hide in the shadows that are far worse.
There’s a lawyer in particular who’s job is to protect people that instead was focused on trying to keep things quiet.
There’s leaders who knew about lies being perpetrated in fraudulent marketing.
There’s very sharp money managers that questioned the loans and also…
There’s leaders who knew about lies being perpetrated in fraudulent marketing.
There’s very sharp money managers that questioned the loans and also…
Questioned the firms ability to provide proper oversight of the 3rd party funds.
Shame on them all. Hope justice is done.
Shame on them all. Hope justice is done.
*saw
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