I beleive this is the building, Cut to the juicy part...
Kim also allegedly stole more than $435,000 from the condominium homeowners association for the East Village building where he was living, using the funds to continue to trade futures on behalf of the commodities pool and to make payments to investors in another hedge fund he had operated since 2000, the CFTC said. He was charged with grand larceny and forgery last year by the Manhattan District Attorney’s office in connection with the alleged theft of funds from the condo association.
http://blogs.wsj.com/metropolis/2011/02/15/prosecutors-east-village-man-behind-ponzi-scheme/
Response by matsonjones
over 15 years ago
Posts: 1183
Member since: Feb 2007
That's a shame. I really like that building, actually.
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Response by maly
over 15 years ago
Posts: 1377
Member since: Jan 2009
I hope they're insured.
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Response by buster2056
over 15 years ago
Posts: 866
Member since: Sep 2007
Liquid Capital Management is a pretty amusing name in retrospect.
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Response by NWT
over 15 years ago
Posts: 6643
Member since: Sep 2008
It's #3C, bought for $699,000 in 2001 and now mortgaged to the hilt. Marshal's sale, here we come....
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Response by w67thstreet
over 15 years ago
Posts: 9003
Member since: Dec 2008
Did they just catch Ericho?
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Response by huntersburg
over 15 years ago
Posts: 11329
Member since: Nov 2010
flameoz
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Response by matsonjones
over 15 years ago
Posts: 1183
Member since: Feb 2007
I suggest "flameoz Capital" as the name of a new Hedge Fund.
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Response by huntersburg
over 15 years ago
Posts: 11329
Member since: Nov 2010
FlameOz Capital.
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Response by alanhart
over 15 years ago
Posts: 12397
Member since: Feb 2007
Didn't the whole building, an empty shell, sell for less than $699,000 several times in the 1980s?
That's a shame. I really like that building, actually.
I hope they're insured.
Liquid Capital Management is a pretty amusing name in retrospect.
It's #3C, bought for $699,000 in 2001 and now mortgaged to the hilt. Marshal's sale, here we come....
Did they just catch Ericho?
flameoz
I suggest "flameoz Capital" as the name of a new Hedge Fund.
FlameOz Capital.
Didn't the whole building, an empty shell, sell for less than $699,000 several times in the 1980s?