{"id":223,"date":"2007-09-12T06:47:24","date_gmt":"2007-09-12T06:47:24","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2007\/09\/money_manager_sentinel_managem"},"modified":"2021-09-20T15:44:11","modified_gmt":"2021-09-20T20:44:11","slug":"money-manager-sentinel-managem","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/money-manager-sentinel-managem\/","title":{"rendered":"Money Manager Sentinel Management Group is Missing $505 Million from Accounts"},"content":{"rendered":"

\t\t\t\tSentinel Management Group, the Chicago-based money manager that the Securities and Exchange Commission has accused of misappropriating client assets and defrauding clients<\/a>, is reportedly missing $505 million in its accounts. The National Futures Association found the shortfall during a recent investigation. <\/p>\n

The missing funds could bring up questions regarding a settlement that Sentinel made to creditors and Citadel Investment Group. <\/p>\n

According to the SEC, the money manager allegedly mixed up funds from clients with its own funds. The Financial Times says that creditors from one account were given their money back after Citadel bought a number of assets. The SEC was opposed to the transfer, however, saying that the refunded assets likely belonged to creditors from a different account. <\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Sentinel Management Group, the Chicago-based money manager that the Securities and Exchange Commission has accused of misappropriating client assets and defrauding clients, is reportedly missing $505 million in its accounts. The National Futures Association found the shortfall during a recent investigation. The missing funds could bring up questions regarding a settlement that Sentinel made to […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3825,3740,3801],"tags":[],"class_list":["post-223","post","type-post","status-publish","format-standard","hentry","category-financial-advisers","category-miscellaneous","category-sec"],"yoast_head":"\nMoney Manager Sentinel Management Group is Missing $505 Million from Accounts — Investor Lawyers Blog — September 12, 2007<\/title>\n<meta name=\"description\" content=\"Sentinel Management Group, the Chicago-based money manager that the Securities and Exchange Commission has accused of misappropriating client assets and — September 12, 2007\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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