How alleged Ponzi hedge funder Brenda Smith fell from grace -- and her Rittenhouse Square penthouse

[Chuck Krug]

How alleged Ponzi hedge funder Brenda Smith fell from grace -- and her Rittenhouse Square penthouse -- to a N.J. jail.
In 2017, Brenda Ann Smith was riding high.

Trained as an accountant, Smith had spent three years raising $105 million for a hedge fund from 40 investors. She owned a seat on the New York Stock Exchange, where she rang the closing bell in June 2017, an event sponsored by her Conshohocken-based broker-dealer CV Brokerage.

https://www.inquirer.com/business/b...e-fund-wall-street-conshohocken-20190901.html

 

[Chuck Krug]

https://www.surefirecapital.com/investmentcriteria
These guys invested $31 million with her, and of course it says on their website:
We Invest in the World’s Leading Fund Managers
Our managers are among the best in class
Offer proprietary deal flow with a proven track record of outperformance

 

[Nobert]

There's a video in article. She starts her speech :
,, we are very different from the rest of the analyst - im sure ''

 

[trend2009]

Smith promised no management fee if results were under 6 percent, but she would take 50 percent of returns above that number.

She charged high fee

 

[comingkingofisrael]

Corsine got his licence back.She'll probably be appointed your treasury secretary.

 

[RedDuke]

Corsine got his licence back.She'll probably be appointed your treasury secretary.

Because he is Corsine. Any mere
Mortal would be in jail for MF global fiasco.

 

[SunTrader]

How alleged Ponzi hedge funder Brenda Smith fell from grace -- and her Rittenhouse Square penthouse -- to a N.J. jail.
In 2017, Brenda Ann Smith was riding high.

Trained as an accountant, Smith had spent three years raising $105 million for a hedge fund from 40 investors. She owned a seat on the New York Stock Exchange, where she rang the closing bell in June 2017, an event sponsored by her Conshohocken-based broker-dealer CV Brokerage.

"... her CONshohocken-based broker-dealer ..."