It started like every investor’s dream pitch: steady 19% annual returns, zero monthly losses, and a slick story about cutting-edge FX strategies. For a while, Mars FX US LP looked like the golden goose. Then suddenly, the music stopped. Now, nea...
Join 250,000+
professionals today
Add Insights to your inbox - get the latest
professional news for free.
The $600M Hedge Fund Scandal Raising Big Questions for Deloitte
Join our 250K+ subscribers
Join our 250K+ subscribers
Subscribe28 APR 2026 / ACCOUNTING & TAXES
Investment fund Mars FX US LP has declared bankruptcy and approximately $600 million of investor's money is missing. Allegations have been filed against audit firm Deloitte for overlooking red flags and validating possibly falsified financial details, while fund managers are blaming tech partner Tech RealFX Ltd for withholding funds, and regulatory bodies are investigating.
It started like every investor’s dream pitch: steady 19% annual returns, zero monthly losses, and a slick story about cutting-edge FX strategies. For a while, Mars FX US LP looked like the golden goose. Then suddenly, the music stopped. Now, nea...
Until next time…
Don’t forget to share this story on LinkedIn, X and Facebook
Subscribe now for $199 and get unlimited access to MYCPE ONE, from CPE credits to insights Magazine
📢MYCPE ONE Insights has a newsletter on LinkedIn as well! If you want the sharpest analysis of all accounting and finance news without the jargon, Insights is the place to be! Click Here to Join
You’ve reached the 3 free-content piece limit. Unlock unlimited access to all News & CPE resources.
Subscribe Today.
Already have an account?
Sign In
