Bronte Sleuth Finds Ponzi Link to Biden

[peaceandlove]

Bronte Sleuth Finds Ponzi Link to Biden

Excerpt:

With his online musings, Hempton started by examining the balance sheets of troubled banks, like the Royal Bank of Scotland, and then dissected the economic situation in Eastern Europe by analysing the price of prostitutes, gathering about 6000 global subscribers along the way, almost all of them outside Australia.

Later he began investigating a US hedge fund salesman with a history of marketing what he politely deems "scuzzy product", including Ponte Negra, an alleged Ponzi scheme accused of fraud by the US Securities and Exchange Commission.

To Hempton's great surprise, he found the salesman, Jeff Schneider, also worked for Paradigm, which is owned by the Vice-President's son, Hunter Biden, and his brother, James Biden, and operated from the 17th floor of 650 Fifth Avenue in Manhattan - an office tower with a colourful past which has housed the disgraced arbitrageur Ivan Boesky and the Glencore founder Marc Rich.

Ponte Negra shared an office, phone number and common marketer (Schneider) with Paradigm. "I found it by accident," Hempton says.

"I fell out of my chair."

Complete article: http://business.smh.com.au/business/...0511-b0le.html

Source: http://solari.com/blog/