The already troubled hedge fund Platinum Partners, under investigation in a previous bribery scandal, is having its offices raided by federal agents on a different matter, Bloomberg is reporting.
Platinum Partners offices raided Wednesday in new investigation
An official hedge fund source is confirming reports from sources that the midtown Manhattan offices of the hedge fund were being raided by the Federal Bureau of Investigation and the U.S. Postal Inspection Service.
“Platinum Partners is in receipt of a search warrant from law enforcement and are fully cooperating,” Montieth Illingworth, a spokesman for the firm, told Bloomberg. “We look forward to resolving this on a timely basis.”
Bloomberg reported that on Wednesday...
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