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Hedge fund

Police & Fire
Greenwich Investment Firm Founder Stole Millions In Clients' Cash: Feds Greenwich Investment Firm Founder Stole Millions In Clients' Cash: Feds
Greenwich Investment Firm Founder Stole Millions In Clients' Cash: Feds A 49-year-old Connecticut man faces potentially decades in prison after he allegedly defrauded and stole $3.5 million of his client's money for years, federal authorities said.  Justin C. Murphy, 49, of Stamford, is charged with 15 counts of wire fraud, five counts of money laundering, and three counts of tax evasion, the US Attorney for Connecticut announced on Tuesday, Nov. 5.  Murphy ran the Greenwich-based investment firm Mara. The company also went by Mara Investment Group, LLC, Mara Investment Management LP, and Mara Investments Global Management LLC.  Federal inv…

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by Josh Lanier
Lifestyle
Brand-New Forbes Rankings Reveal Richest CT Residents Brand-New Forbes Rankings Reveal Richest CT Residents
Brand-New Forbes Rankings Reveal Richest CT Residents The old saying the rich get richer isn't true this year according to Forbes which just came out with their top 400 wealthiest people in the country for 2022. As a group, the 400 are worth $4 trillion to $500 billion less than last year and for the first time since the Great Recession, the minimum net worth to make the list is down $200 million to $2.7 billion amid the market selloff. But of course, there are still plenty in Connecticut who made the list ranging from hedge fund owners to inherited wealth. So who are the richest people in Connecticut? Here are the top-ranked folks who made t…

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by Kathy Reakes
News
Fairfield County Socialite Who Secretly Recorded Minors In Sexual Acts Released From Prison Fairfield County Socialite Who Secretly Recorded Minors In Sexual Acts Released From Prison
Fairfield County Socialite Who Secretly Recorded Minors In Sexual Acts Released From Prison A socialite rom the region who pleaded guilty to voyeurism charges after she filmed three people, including a minor, without their consent, has been released from prison. Fairfield County resident Hadley Palmer, age 53, of Greenwich, was released on Wednesday, May 4, after serving 90 days as part of a plea agreement, according to the Daily Mail. Palmer, who had been serving her time in the York Correctional Institution, the state prison for women in Niantic, since Feb. 4, still faces between 90 days and five years in jail when sentenced in August after admitting the offenses in January…

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by Kathy Reakes