Locust Offshore Fund

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Andrey Hicks indicted for allegedly raising $2.5 m via ‘bogus’ BVI hedge fund

A 27-year-old resident of Massachusetts - Andrey Hicks - has been criminally indicted in the United States for allegedly defrauding approximately ten U. S.-based investors out of more than $2.5 million through his Locust Offshore hedge fund that he allegedly falsely claimed was registered in the British Virgin Islands.

USA v. Andrey Hicks: Criminal Indictment

Indictment in USA v. Andrey Hicks, controller of Locust Offshore Management LLC and Locust Offshore Fund Ltd., at the U. S. District Court for the District of Massachusetts.