Independent Investigation Of UDF IV Finds No Evidence Of Fraud

Independent Investigation Of UDF IV Finds No Evidence Of Fraud reads the press release. ValueWalk was first to report the big short of Kyle Bass here. We are still sifting through the data and will contact both parties but the company claims to have reviewed 1.7 million emails related to its investigation. The company provides no comment in this press release about the FBI raid but states "No evidence to substantiate allegations levied by Hayman Capital Management, L.P. of the operation of a Ponzi scheme". Anyway, check below and check back later for more info on this matter . . .


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