Hedge Funds
A FORMER hedge fund staffer believes a miracle computer program credited for spectacular investment returns for high-profile sports stars never existed, and "it looks like it was just a total lie", a court has heard. Jack Bow, from Kingscliff, told a four-day liquidators' examination hearing into an alleged Ponzi scheme in the Federal Court yesterday he believed a computer program fund founder Ken Grace had boasted scraped the internet to find the best investment returns, now appeared to not exist.

In this article