The Bankwatch

Tracking the consumer evolution of financial services

More on the topic of financial regulation | AIJ Investment Advisors lessons learned

It is not official whether the AIJ debacle is a ponzi scheme (using new investor capital to create above market income returns to existing investors) but with talk of both pooling of investor capital along with massive amounts missing, this does seem to have Madoff style ponzi written all over it.

The loss at AIJ is staggering at close to $2.6 billion.

Japan probes asset managers after AIJ loss

Money Fund in Japan Told to Halt Operations

And some smart commentary from CFA

AIJ Investment Advisors: Made (off) in Japan

Written by Colin Henderson

March 11, 2012 at 00:38

Posted in Uncategorized

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