White Collar

FINRA

And By ‘Outstanding Experience’ the Alleged-$11 Million Fraudster Meant a History of Compliance Violations

It’s called the FINRA BrokerCheck, people, and before you give some schmloe your money, it wouldn’t hurt to use it. The Securities and Exchange Commission announced charges today against a New York-based fund manager named Jason J. Konior, who allegedly sold $11 million worth of limited partnerships in his Absolute Fund LP, then siphoned proceeds to pay redemptions from earlier investors. So, like, a pyramid scheme. Read More