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.
Andrey Hicks indicted for allegedly raising $2.5 m via ‘bogus’ BVI hedge fund
12 years ago
Topics
British Virgin Islands Fraud Investment USAKeywords
Andrey Hicks Locust Offshore Fund Locust Offshore Management