Elucido Fund LP frauded investors?
It looks like we have more news about life settlement investment fraud. It seems that investors put about $2 million into the Elucido fund to purchase life settlement contracts, and the funds were misplaced.
SEC has frozen the assets of the private fund manager Scott M. Ross of Gilberts, Ill.
Read the complete release here:
Scott Ross Allegedly involved in Life Settlement Fraud (Thanks to Life Settlement Fraud)
