September 12, 2016
North Hills Management, LLC, Mark Evan Bloom
SANCTION AMOUNT: $30,563,790
Defendants: North Hills Management, LLC
Mark Evan Bloom
Fund-of-funds raised approximately $30 million from 40 to 50 investors between 2001 and 2007, and advisor misappropriated more than $13.2 million of investor funds to furnish a lavish lifestyle and invested remaining funds in a single fund from which he received undisclosed commissions, and which was itself a fraud.
- Key Docs
- Official SEC press release