Thu, Dec 1, 2022
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

The inside story how Vanity Fair took down family office con man Anthony Ritossa

Thursday, October 20, 2022

Matthias Knab, Opalesque:

I TOOK A STAND in 2018 (https://www.opalesque.com/668753/Matthias_Knab_and_Opalesque_terminate_relationship_with_Anthony875.html - some people got the message, some didn't or didn't want to. I was subsequently bullied by Ritossa and his lawyer to take this little article down ("Cease & Desist", "forced to commence a lawsuit against you in order to stop the statements").

Of course, "Sir" Anthony Ritossa didn't have a case and ducked.

After my article came out in 2018 I got calls, emails and messages from people who had read it and wanted further confirmation and information from me as they were also "smelling" that something is wrong with Ritossa and these events. I shared my negative experiences with Ritossa personally to a few people in detail, and some of them still continued to go this his events! I just couldn't believe it...

One call stood out, it was from one of Ritossa's previous sponsors who was UPSET how venerable ECONOMIST highlighted what he thought to be a fraud: https://www.economist.com/briefing/2018/12/15/family-offices-become-financial-titans

We had several calls with the Economist reporter which didn't go any where (see screenshot!). Over the years, similar conversations happened with the The Wall Street Journal, and I was told that conversations where tried with The Bureau of Investigative Journalism - again, with no action from any one.

I am therefore praising the amazing forensic work by Vanity Fair (https://www.vanityfair.com/style/2022/10/inside-wealth-conference-con-man-anthony-ritossas-wild-web-of-lies) and the author Adam C. Before going into journalism, Ciralsky worked for the Central Intelligence Agency and the Office of the Secretary of Defense. He is also a lawyer.

This page has been around for a year now (on different URLs) https://www.fake-ritossa-family-summits.org/ (I have no idea who put it up) but Ritossa still managed to continue to this day (his 20th summit concludes today in Dubai), it just blows my mind...

It looks like that there's, at least, no further "Ritossa Summit" in Monaco after Prince Albert was forced to make a statement about it: https://news.mc/2022/10/19/ritossa-family-office-conman-exposed-at-last/

But wait, there's more: https://justdiligence.com/blog-post-ritossa-summit.html

And, thank you, I fine and a bit flattered to be described as "cerebral and solemn" by Vanity Fair ;-)

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Legal: British fund manager Jeremy Leach and his firms settle fraud litigation for $11.5m, DOL slams lawsuit seeking to overturn crypto guidance[more]

    British fund manager Jeremy Leach and his firms settle fraud litigation for $11.5m From Offshore Alert: Four days before a trial was due to start in the Cayman Islands, British fund manager Jeremy Leach and eight of his firms settled a fraud complaint by agreeing to pay $11.5 million o

  2. Family offices upbeat on private assets, reduce public assets exposure[more]

    Laxman Pai, Opalesque Asia: Family offices are investing more in private assets and cutting back on investments in public markets, with higher risk-adjusted returns cited as the main driver, said a study. According to the survey findings by German digital private equity firm Moonfare, and the

  3. Opalesque Exclusive: The UK is a nice place for us to fish[more]

    B. G., Opalesque Geneva for New Managers: Kernow Asset Management is a boutique in London that only trades UK-listed stocks. The UK is their home market, and as far as home markets go, it is a very interesting one,

  4. Opalesque Exclusive: A Swiss managed futures strategy that can offer diversification to any portfolio[more]

    B. G., Opalesque Geneva for New Managers: TARO (R) Diversified is a Swiss algorithmic and systematic investment strategy that offers diversification benefits to almost any professionally managed portfolio through it

  5. Alts manager Medalist Partners acquires a minority stake in Semper Capital to tap opportunities in structured credit[more]

    Laxman Pai, Opalesque Asia: Medalist Partners, which specializes in private credit, has acquired a minority stake in Semper Capital to extend its offerings to the mass market. Medalist currently manages approximately $2.2 billion in assets across strategies in asset-based private credit, struc