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Originally Posted by Luminari
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Blessings Luminari,
I found this article on the website you recommended above.
PaL
The mysterious life and death of Danny Pang
By A. James Memmott
September 15, 2009 at 8:29am
The story of Danny Pang, a West Coast money manager charged with conducting a massive Ponzi scheme, took a dramatic and mysterious turn with his death last weekend.
Pang, 42, died early Saturday morning after being taken from his Newport Beach, Calif., home to a hospital.
A coroner’s report said that there was no evidence of foul play but that the case remains under investigation pending toxicology results. That process could take two to three months.
In April, the Securities and Exchange Commission charged Pang, the founder and head of Private Equity Management Group, a firm known as PEMGroup, with orchestrating a massive fraud.
Pang and the company used allegedly “false claims and bogus documents” to secure millions of dollars from investors, most of them from Pang’s native Taiwan.
Continues: http://news.muckety.com/2009/09/15/t...nny-pang/20141