Friday, April 13, 2012

Ukrainian beauty slamsHedge Biggie


The beautiful assistant accused of fleecing Nicky Hilton's ex out of $900,000 says her alleged victim was hardly a hedge-fund founder — just a spoiled rich kid living on his parents' dime, the NY Dail News reports..  Renata Shamrakova claims in newly released court papers that her former boss and lover Todd Meister duped prosecutors into believing he is a sophisticated financier and a victim who had his credit card and bank accounts raided right under his nose.

"It is patently implausible that a successful, experienced hedge fund manager of the type Meister portrayed himself to be...would have his company's finances be in this state of disrepair and inattention," Shamrakova’s lawyer, Marc Agnifilo, says in the court papers.

"Todd Meister was not actively managing a hedge fund and aside from money directed to him by members of his family, he conducted virtually no hedge fund business whatsoever during this time.”

A spokesman for Meister sharply denied the portrayal, noting Meister has managed a top-yielding hedge fund for more than half a decade.  "Mr. Meister was the cofounder and owner of Pride Rock Management which managed over $2 billion,” the spokesman said. “Pride Rock was one of the leading hedge funds in the country with annual returns of in excess of $20 million for a six year period…

Read more: http://www.nydailynews.com/new-york/assistant-accused-bilking-nicky-hilton-duped-prosecutors-believing-a-victim-article-1.1060662#ixzz1rtzwUFAT

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