Private eye to help search for hedge fund millions

["Gary Funck" <gary () intrepid com>]

http://tinyurl.com/orggt

Private eye to help search for hedge fund millions
Tue Feb 28, 2006 3:44 PM ET

By Svea Herbst-Bayliss

BOSTON, Feb 28 (Reuters) - Investors, who funneled millions into an Atlanta
hedge fund firm, will hire private detectives to help find a missing manager
who has been accused of cheating clients out of $100 million or more, a
lawyer said on Tuesday.

The group of doctors, businessmen, as well as current and former U.S.
football players, are joining the search after state and federal officials
failed to find the estimated $185 million that Kirk Wright managed for them
and others through his hedge fund International Management Associates.

A Georgia judge issued a bench warrant for Wright's arrest three days ago
after he failed to show up for court hearings.

"We plan to hire Kroll, the international investigations, security, and risk
consulting services group, today to help the FBI and local authorities who
have not located Mr. Wright," said Glenn Delk, a lawyer who represents
several dozen of the fund's estimated 500 investors. There are a lot of
folks here who want to talk to him."
[...]

_______________________________________________
Fun and Misc security discussion for OT posts.
https://linuxbox.org/cgi-bin/mailman/listinfo/funsec
Note: funsec is a public and open mailing list.