A prominent Wall Street hedge fund manager is busted by the police after it emerges that his fund is no more than a giant Ponzi scheme, in which through charm and his reputation he has persuaded prominent friends and financiers to invest.
“This is all a sham,” he says gesturing around his office as he is dragged off in cuffs. So far, so Madoff, you might be thinking – but this is the story of Frederic Matson, as told in lurid detail on the US police drama Law and Order in a March episode entitled “Anchors Away” and viewed, for reporting purposes only, some weeks later by your correspondent in one of Euromoney’s outposts.
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