How alleged Ponzi hedge funder Brenda Smith fell from grace — and her Rittenhouse Square penthouse — to a N.J. jail.

In 2017, Brenda Ann Smith was riding high. Trained as an accountant, Smith had spent three years raising $105 million for a hedge fund from 40 investors. She owned a seat on the New York Stock Exchange, where she rang the closing bell in June 2017, an event sponsored by her Conshohocken-based broker-dealer CV Brokerage.Continue reading “How alleged Ponzi hedge funder Brenda Smith fell from grace — and her Rittenhouse Square penthouse — to a N.J. jail.”

Cft again expresses his concerns about financial management on Sint Maarten

Philipsburg – Based on the financial results for the first half year, Sint Maarten will remain within the deficit of 71 million guilders budgeted for the whole of 2019, according to the Financial Supervision Council.,, The Cft notes with concern that no progress was made in improving the financial management in the first half ofContinue reading “Cft again expresses his concerns about financial management on Sint Maarten”

Sale of St. Maarten shares in UTS almost completed

“The sale of UTS is in the closing stages,” Geerlings said when asked for an update. He said parties had been aiming to sign the necessary documents by this Friday. “The Minister of TEATT [Tourism, Economic Affairs, Transport and Telecommunications, Stuart Johnson – Ed.] signed a ministerial decree yesterday [Tuesday], that was necessary to inform the buyers that there are no outstanding debts between UTS and our Bureau Telecom and Post.

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