Star fooled by Ponzi scheme


SAN JOAQUIN, CA – Actor Kiefer Sutherland, star of TV drama series “24”, has been conned out of $869,000 in a suspected Ponzi scheme that misled the actor into thinking he was investing in Mexican cows. Sutherland, who plays maverick anti-terrorism agent Jack Bauer, invested his money with steer-roping promoter and cattle manager Michael Wayne Carr.

The San Joaquin county California District Attorney’s office says the actor was told Carr would make big profits selling the cattle bought in Mexico

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Investment banks: the future of risk control

This survey report explores the current state of risk controls in investment banks, the challenges of effective engagement across the three lines of defence, and the opportunity to develop a more dynamic approach to first-line risk control

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