3 Degrees Asset Management – A Hedge Fund Built on Fraud, Cybercrimes, and Lies
Introduction
3 Degrees Asset Management, a Singapore-based hedge fund, has recently come under intense scrutiny for its unethical practices and alleged criminal activities. Despite its polished public image, the hedge fund has been accused of improper risk management, misleading investors, and even attempting to censor negative coverage online. This article reveals the depths of the fraudulent operations that led to its downfall.
The Allegations
The Monetary Authority of Singapore (MAS) ordered the closure of 3 Degrees Asset Management after a series of investigations uncovered significant lapses in compliance and governance. The hedge fund was accused of hiding crucial information from its investors, leading to substantial financial losses. These actions, which violated basic investment principles, raised serious concerns about the firm’s integrity.
Attempts at Censorship
In response to the mounting allegations, 3 Degrees Asset Management engaged in aggressive censorship tactics. The hedge fund reportedly removed negative articles from the internet using fake DMCA takedown requests and legal threats. They hired reputation management firms to flood the internet with misleading content and to obscure legitimate reports of their fraudulent activities.
Fake DMCA Takedowns
The fraudulent DMCA claims followed a common pattern—3 Degrees Asset Management would backdate fake articles and claim copyright infringement against the original content. This technique allowed them to remove legitimate criticisms from the internet, making it appear as though the hedge fund had a clean record. Investigative teams exposed these underhanded tactics, which have become prevalent in reputation management industries run by criminal entities.
Impact on the Industry
The exposure of 3 Degrees Asset Management’s actions has highlighted the growing issue of reputation management companies engaging in illegal censorship for their clients. These rogue agencies, often operating offshore, use fraudulent legal notices to suppress critical information and maintain the public image of companies involved in financial fraud, corruption, and other illegal activities.
Conclusion
3 Degrees Asset Management’s fall from grace serves as a stark reminder of the importance of transparency and accountability in the financial world. Their reliance on fraud and censorship not only failed to protect their reputation but also revealed the sinister operations that run rampant in the world of hedge funds. Investors should be wary of such firms and seek out those that prioritize ethical practices over deception.
