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The Madoff Fraud:Scam of the Century
Rod Cameron Stringer accused of Ponzi Scheme

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Hedge Fund Run by Ex-Bondsman Is Ponzi Scam, SEC Says Roy Cameron Stringer

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Hedge Fund Run by Ex-Bondsman Is Ponzi Scam, SEC Says By David Scheer Jan. 21 (Bloomberg) -- A former Texas bail bondsman who told investors he ran a $45 million hedge fund and installed a sw READ MORE
http://www.bloomberg.com/apps/news...
Rod Cameron Stringer of Lamesa misappropriated millions of dollars from investors since 2001 while touting a trading strategy he said had annual profits of as much as 61 percent, the Securities and Exchange Commission said in a suit at federal court in Lubbock, Texas. A Federal Bureau of Investigation probe shows he raised at least $8.5 million since 2007 and had losses while investing less than a fifth of the cash, the SEC said.
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