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Cases / Trading, forex & commodities

Bradley L. Ruderman

ReportedApr 29, 2009
LocationBeverly Hills, CA
Amount$38,000,000

This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.

Company / entity
Ruderman Capital Management LLC, Ruderman Capital Partners LLC, Ruderman Capital Partners A LLC
Industry
Hedge funds
How investors were recruited
About 20 investors; falsely claimed prominent figures (Lowell Milken, Larry Ellison) were investors.
Pitch & red flags
Falsely said funds earned positive returns of 15% to 60% per year and held over $800 million in assets; actual assets under $650,000.

Source

SEC official

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