Internet Scam Artists Faking Trader Status

To be, or to "have been" a "Hedge Fund Manager" you need to have run a Hedge Fund. A Hedge Fund is a very specific type of investment vehicle. However, the term "Hedge Fund Manager" is very loosely used by people these days to glamorize their status as a "Trader." Usually this is done by internet scam artists who are attempting to fabricate a "back story." Anyone on the Professional side of the industry knows it is a fabrication and a lie, and that the person making these claims is a Charlatan and must be avoided at all costs. This is because we know the real definition of what a Hedge Fund Manager is, -
To set up a Hedge Fund and to be Hedge Fund Manager you need 5 things:

 1. An Offshore Registered Fund — Typically Cayman (80% of time). They have plug and play set-up.

2. An Onshore Management company - Contracted by the Offshore Fund to manage the assets of the fund

3. A Third Party Administrator - who is the check and balance daily between the onshore management company and the offshore fund. The Administrator is the "gate-keeper" who ensures the Investment Manager can only direct Assets Under Management (AUM) to agreed investments as per the Funds mandate agreed by investors.

4. A Prime Brokerage Agreement - with an investment Bank who collateralize the offshore funds capital and allows the fund to borrow against those funds to go long and short assets synthetically (using Derivatives) or physically. No Investment Bank will ever entertain a Prime Brokerage agreement with a Hedge Fund unless they have at least $25m1n (minimum) in AUM and there is at least a 3-year (fully audited) track record in place with proven returns.

5. A seriously strong (fully audited) Track Record — is needed even to get as little as $50mIn in AUM. Fully Audited means (at this level) usually a top 4 accounting firm has audited the Track Record.

So if any Retail Trader or self-proclaimed 'Trading Educator" markets themselves as a "Hedge Fund Manager or says they "ran a Hedge Fund previously," this is what they will have needed to do. Ask them for evidence. Just the top sheet of the Prime Brokerage agreement between their LLC and the Investment Banks is enough. If they can't show you this, they are lying.

If they have never had this structure in place they have never been a "Hedge Fund Manager." Unfortunately, the term "Hedge Fund Manager" is grossly misused by Internet Marketing Scam Trading Educators, who have NEVER EVER run money in their life and who have NEVER actually been Professional Traders. This is to create an online "back story" / veil of authenticity, in order to convince misinformed people to part with their hard earned cash usually to buy their low quality (Zero Value) "Educational Programs." Programs that can be replicated by spending $10 on a book on Amazon that covers "Technical Analysis" or "Candlesticks for Dummies" or "How to Analyse Penny Stocks."

You need to learn to look for the red flags and .11 these guys out immediately before it costs you money. They always trip themselves up in the end because of their own greed, stupidity and hubris. To the trained eye the "holes" in their existence are plain to see. Don't fall for their fabricated back stories and entirely fabricated online existence. Yes, their 'Track Records" are also totally manipulated and false. It is all designed to make you believe in something that doesn't exist. Everything they do is 100% deception. You literally might as well burn your money. At least you will stay warm for 3 minutes!

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