Apple Not Falling Far From Tree In Case of Andrew Caspersen Fraud Charges

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Mark Melin
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The apple doesn’t often fall far from the tree, as evidenced by the recent fall of Andrew Caspersen, 39, charged by the U.S. Department of Justice with securities and wire fraud in connection with a scheme to defraud investors, many of them charitable foundations. The Harvard law school grad effortlessly floated in societal circles along the Eastern seaboard, as did his billionaire father, Finn M. W. Caspersen, who committed suicide September 7, 2009 near the Rhode Island country club he helped build as authorities were closing in on tax evasion charges. Andrew Caspersen steps out of New York City bright societal…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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