Credit firm charged with fraud
2007-8-21 11:43
Washington - The Securities and Exchange Commission filed fraud charges against Sentinel Management Group, a $1.5bn firm that oversaw cash for other investors, the agency said in a court filing on Monday.
Sentinel filed for bankruptcy on Friday, becoming the latest casualty of the global credit squeeze.
....Der CEO sitzt wahrscheinlich schon auf seiner Yacht und segelt in den Sonnenuntergang