Kris Humphries Get’s Ripped off for $1.7 Million by a Con-Man.

Well we already all think Kris Humphries is a “Lurchy Doofus” , so him getting scammed out of money doesn’t come at a surprise to me at all.  What is surprising is that he had $1.7 million to lose.

The person who performed the con-job is named Andrey C. Hicks.  He tried to pull a Bernie Madoff – and….”Made off”  with $1.7 million dollars of Kris Humphries money.

Andrey C. Hicks

Humphries was one of 10 people who fell for this con artists scam.  He told the 10 people he was a Math Genius from Harvard with a PH.D.  He convinced them that he was a hedge fund manager and could get them huge returns from an offshore trading company.

The official SEC filing states:

The SEC alleges that Hicks and his advisory firm made numerous misrepresentations when soliciting individuals to invest in a purported hedge fund Hicks controlled called Locust Offshore Fund, Ltd. According to the SEC’s Complaint, Hicks and his advisory firm falsely represented to potential investors that:

• Hicks obtained undergraduate and graduate degrees from Harvard University;
• Hicks worked for Barclays Capital, where he “grew his book nearly two-fold and expanded his group’s assets under management to roughly $16 [billion]”;
• Ernst & Young served as the fund’s auditor;
• Credit Suisse served as the fund’s prime broker and custodian; and
• the fund was a business company incorporated under the laws of the British Virgin Islands

After being exposed as a fraud and having his assets frozen, Hicks was picked up in Canada trying to flee to Switzerland.  He is being charged with 20 years in prison and a $250,000 fine.

Andrey will get what he deserves – you know how they like pretty boys in prison.  Don’t drop the soap!!

COSMO