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FBI announces arrest of James Brandolino after Falcon Capital Partners fraud

Tuesday, January 18, 2011
Opalesque Industry Update – Late on Tuesday the US Federal Bureau of Investigations (FBI) announced the arrest of James Brandolino, of Falcon Capital Partners for defrauding a small group of high net worth investors out of approximately $5m that was purported to be run in managed futures trading accounts and a commodity pool investment. The eventual return of investor assets appears to be bleak as the FBI reported Brandolino’s only remaining assets were an automobile, a watch, and interest in a yet-to-be-built condominium in Greece.

According to the charges “Brandolino has held various National Futures Association registrations in the commodities brokerage business, with exchange floor trading privileges at the Chicago Board of Trade, now part of the CME Group. He has also been a principal of several commodities trading businesses, including Brandolino Investment Group, Lloyd Lewis Capital, Inc., Falcon Trading Group, Inc., and Falcon Capital Partners LLC.”

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