Ex-Founder Jon Turnes & Marc Clapasson: Financial Conmen Ship
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  • Parts 1
  • Time <5 mins
  • Reads 114
  • Votes 1
  • Parts 1
  • Time <5 mins
Ongoing, First published Feb 01, 2023
As the War on Savers continued, two businessmen [Jon Turnes & Marc Clapasson] in Zurich set up a private debt fund called Ruvercap to offer a 2-3% return to investors. In a low yield environment they had a lot of takers. PIMCO put in money.
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