Monday, June 15, 2009

Gardner rich investment firm

According to sources familiar with the investigation, on ongoing investigation into pension fund dishonesty around the country, make stronger on Friday as California Atty. Gen. Jerry Brown heading for subpoenas at politically linked firms and personal.

Brown issue the subpoenas as division of a search into "placement agents" who assist safe pension fund investment contract for their customers in return for big sums of money, many time it goes in millions of dollars.

The subpoenas look for the detail on the use and revelation of post agent and possible conflict of attention, said sources who spoke on the state of secrecy due to they were discuss a continuing investigation. Brown's representative, Scott Gerber, decline to remark.

Brown pulled reverse on deliver a subpoena to fairness saver and fund manager Elliott Broidy, after he volunteered to speak with the attorney general's investigators, a person recognizable with the investigation said. Broidy and Harrigan, both appointees of Los Angeles Mayor Antonio Villaraigosa, currently obedient their posts on the Los Angeles Fire plus Police pension plank after they were contact in a about American protection and Exchange Commission question.
The national search start in New York, where Atty. Gen. Andrew Cuomo has indict six person in an supposed kickback system connecting post fees in the New York State pension fund. That investigation increase too many other states, that are includes California.

Before two week, former Wetherly worker Julio Ramirez Jr. pleaded culpable to protection deception and decided to help in the New York investigation.

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