Fraud Probe Ricochets Through Platinum Partners, A Hedge Fund With Ties To Jewish Community

For his son’s bar mitzvah in 2008, hedge-fund manager Murray Huberfeld chartered a JetBlue plane and invited hundreds to an oceanfront party in Palm Beach, Fla. An Orthodox pop star known as the “Jewish Elvis” entertained the guests, who Mr. Huberfeld says included investors in his fund. Read more

Ex-New York City Jail Guard Union Boss Pleads Not Guilty To Bribery

New York – The former union leader for New York City’s prison guards and a hedge fund financier pleaded not guilty on Friday to engaging in a bribery scheme in a case linked to a widening federal municipal-corruption investigation. Read more

SEC Complaint Filed By Fruchthandler Foundation And Yeshiva Chaim Berlin Funds Spells More Trouble For Murray Huberfeld

New York – Two well known names in the Jewish community warned the head of a large hedge fund that they intended to report him to the Securities and Exchange Commission for holding back more than a half million dollars when they withdrew their investment. Read more

Hedge Fund Firm Raided By Federal Agents Amid Dual Investigations

Platinum Partners’ offices were raided by federal agents looking into the hedge fund’s operations after a manager at the firm was charged this month with bribing a union chief, according to a person familiar with the matter. Read more

Murray Huberfeld Made Money Off Dying People, SEC Says

The hedge fund manager arrested for allegedly bribing union boss Norman Seabrook once tried to bilk his own sister in an investment scheme targeting dying people in hospices, federal officials said. Read more

NYC Corruption Scandal Drives City Council To Suddenly Cut Off Funds To Simon Wiesenthal Center

A Mayor de Blasio donor under federal investigation for lavishing cops with gifts also helped pry taxpayer money from the City Council for a police training program he supported. Read more

Firm Linked To NYC Scandale To Shut Main Hedge Fund Following Arrest Of Associate

The Manhattan hedge fund embroiled in a corruption scandal involving the New York City correction officers’ union is shutting down its main fund and returning money to investors. Read more

Orthodox Donor Murray Huberfeld Arrested In Norman Seabrook Kickback Scheme

Federal agents arrested a major Orthodox philanthropist on fraud charges Wednesday morning in connection with a sprawling corruption investigation now shaking political circles and the Orthodox community in New York City. Read more