Investment manager pleased clients — until his criminal past emerged
Sunday, June 20, 2010 - 18:20
in Psychology & Sociology
Bruce Fred Friedman is now accused of running a $200-million Ponzi scheme. He denies doing so. The case draws attention to a gap in the oversight of those who run private investment funds. After she retired as a legal assistant, Patricia Hank took her financial planner's advice and invested her $300,000 retirement savings with Sherman Oaks investment manager Bruce Fred Friedman.