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Platinum Partners

Global Economy

Briefs

SINGAPORE (July 15): “Just imagine Churchill allowing this humiliating, servile, sycophantic indulgence of the American president’s ego to go unchallenged.” — British opposition Labour Party’s shadow foreign secretary Emily Thornberry. She was c

Platinum Partners arrests are scant consolation for alleged victims

(Dec 24): When six executives of Platinum Partners, including founder Mark Nordlicht, were arrested on Dec 19 on federal charges of running a more than US$1 billion ($1.4 billion) hedge fund fraud, people who had long alleged they were harmed by the New Y

7 executives of Platinum Partners charged with US$1 bil fraud

SINGAPORE (Dec 21): Back in November 2013, The Edge Singapore reported a US-based hedge fund called Platinum Partners, and entities linked to it, had agreed to provide some US$560 million ($809 million) in funding to Asiasons Capital (now known as Attilan

In print this week

US hedge fund that dealt with Asiasons, Blumont, LionGold files for bankruptcy

(Oct 24): Two Platinum Partners hedge funds have sought US Chapter 15 bankruptcy protection as part of an ongoing liquidation effort, according to court documents filed in the New York federal court on Oct 18. In August, a Cayman Islands court ordered

Was Black Elk the black swan that sank Asiasons, Blumont and LionGold?

SINGAPORE (Nov 4): A US-based hedge fund called Platinum Partners, and entities linked to it, had agreed to provide US$560 million in funding to Asiasons Capital, Blumont Group and LionGold Corp in August, September and October as shares in the three comp
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