Saturday, August 15, 2009

Money Manager Hershey Rosen Under Investigation

Hershey Rosen has closed his office and bank accounts.

From CTV:

In the wake of the charges against Earl Jones, another Montreal financial adviser has come under the scrutiny of Quebec's securities regulator.

L'Autorite des marches financiers is asking any possible victims of investment manager Hershey Rosen to come forward.

Rosen was convicted of fraud and stealing funds in the mid-70s and in 1979 filed for bankruptcy.

Thirty years later, he continues to manage money, despite complaints from some of his clients that he was mishandling their account.

Read more ....

My Comment: Here we go again ......

1 comment:

Mark p.s.2 said...

Hershey Rosen was in the Montreal Gazette May 12 1977 "City Briefs"
age 37, so he was born in 1940.
http://news.google.com/newspapers?id=-Z9jAAAAIBAJ&sjid=caEFAAAAIBAJ&pg=2519%2C2468852