THE FIRM 2009 EBERT TRIAL

Ponta Negra and Paradigm occupied the same floor in a Manhattan office building, used the same marketing agent, and shared the same telephone number. On this task, they have seemingly come up short. The SEC has not alleged any wrongdoing by Paradigm, but as a fund of hedge funds, the firmвЂ™s forte is purportedly to be the wizards of due diligence. A fund of hedge funds, Paradigm is owned and managed by James and Hunter Biden, brother and son of Vice President Joe Biden. It is the fundвЂ™s curious relationship with Paradigm Global Advisors, LLC. The SECвЂ™s action against Ponta Negra is not the newsworthy event. In 2009, The American Spectator reported on Ponta Negra, Jeffry Schneider, and the Bidens lack of due diligence (emphasis ours): This is the same address as Paradigm Global.ДЄt a minimum Paradigm Global вЂ“ a fund of fund managers owned the Vice PresidentвЂ™s family, housed an alleged fraudster.В The alleged fraudster used the same phone number as the Vice PresidentвЂ™s family business, the same marketing machine and traded off the good name of the Vice PresidentвЂ™s family business. Ponta Negra gives its address in the second marketing document as 650 Fifth Avenue, 17th Floor. From the 2009 SEC Complaint:ДЄustralian blogger John Hempton discovered certain explosive facts lurking in the Ponta Negra story in 2009 (emphasis ours):ДЎ. Ponta Negra was a scam operated by a 27-year-old named Francesco Rusciano. Allen Stanford.ДЄnother troubling development related to the Bidens firm was the Ponta Negra fraud. At the time, James and Hunter Biden denied ever personally meeting R. Indeed, Paradigm offered to turn over to a court-appointed receiver the $2.7 million in Stanford seed money it had received. The BidensвЂ™ Paradigm Global Advisors was not involved in any way with the Stanford fraud. Allen Stanford in a staggering $8 billion dollar fraud: In 2009, the US Securities and Exchange Commission charged R. A new dual-branded firm was created: the Paradigm Stanford Capital Management Core Alternative Fund. James and Hunter BidenвЂ™s firm Paradigm became involved with Texas financier R. Hunter BidenвЂ™s father Joe Biden was now the Vice President. In 2008 Barack Obama was elected President of the United States. ParkвЂ™s claim was later found to be false. The Bidens failed to conduct proper due diligence and Dr. Park claimed that Paradigm had $1.5 billion in assets under management. The firm was started in 1991 by Dr James Park, one of the many sons-in-law of Unification Church founder Sun Myung Moon. In 2006, then Senator Joe BidenвЂ™s brother James and his son Hunter entered into an agreement to purchase a New York fund of hedge funds called Paradigm Global Advisors. The proximity to a powerful political leader confers upon anyone - family member or friend - incredible access to elite business and social circles. This is true of many political family dynasties on both sides of the aisle. That the Biden family has long mixed money and politics is no secret. Biden recently stepped down from his position as a Board member of the Chinese company BHR, a firm described by the Financial Times as, вЂњa private investment fund backed by a number of Chinese state entities including Bank of China, China Postal Savings Bank and China Development Bank.вЂќ Biden is also under fire for making $50,000 a month while employed by the Ukrainian firm Burisma Holdings.

THE FIRM 2009 EBERT TRIAL

The son of former US Vice President Joe Biden, Hunter Biden has been a prominent figure in the Congressional hearings that almost certainly will lead to an impeachment trial against President Trump in the Senate. Hunter Biden is in the spotlight right now.

The firm 2009 ebert