Friday, 16 December 2011

George Sepero and Carmelo Provenzano have been arrested by the FBI

I just thought you should know. You might have money invested in their hedge fund Ponzi scheme. Well, that's what they've been charged with. Wire fraud conspiracy, Ponzi stuff, computer trading, 170 per cent returns, all that sort of thing. The U.S. Attorney for New Jersey, Paul Fishman, reckons Sepero and Provenzano used non-existent companies and imaginary reports to steal millions of dollars from real investors. $3.5 million with a proprietary algorithmic trading system that didn't even exist! The imagination of some people! This was real money, by the way. And they spent it all in the pub (the bar). They must have been very thirsty!

But I'm not going to judge them. Only God can judge them, and even thugs cry.


My shoulder is much better now. I'm playing the guitar again. I'm not going to write a Christmas song. I can't be bothered. I'm having enough trouble writing my proper songs.

I might buy a keyboard soon. I miss playing the piano.