Legal
Hoax Phone Call Costs Hedge Fund $1.2 Million and CFO’s Job
The finance chief at Fortelus Capital Management LLP got an alarming phone call just as he was getting ready to leave work on a Friday. The caller said he was from Coutts, the London-based hedge fund’s bank, and warned there may have been fraudulent activity on the account. Fortelus Chief…
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Click here to read the full story: Bloomberg