10 January 2013, 03:10
butchlambertCharlie Kokesh-Dakota?
Any word on Charlie? Did he have to spend anytime in the pen?
10 January 2013, 20:24
bluefishdoes anyone know the quality of these actions at this stage?
10 January 2013, 20:58
PSmithThis is from the complaint filed in 2009 by the SEC, but I don't know any recent information:
"From at least 1995 through July 2007, Kokesh systematically misappropriated approximately $45 million from four Commission-registered business development companies (“BDCs”)—Technology Funding Medical Partners I; Technology Funding Partners III, L.P.; Technology Funding Partners IV, L.P.; and Technology Funding Partners V, L.P. Kokesh controlled two now-defunct Commission-registered investment-adviser firms, Technology Funding Ltd. (“TFL”) and Technology Funding, Inc. (“TFI”) (collectively, the “Kokesh Advisers”), which, in turn, controlled and provided investment advice to the BDCs pursuant to advisory contracts. Acting by and through the Kokesh Advisers, Kokesh misappropriated the funds by causing the BDCs to pay illegal distributions, performance fees, and expense reimbursements to the Kokesh Advisers."