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Pricewaterhouse Coopers

Top Investment Manager Chetan Kapur Faces Unjust Persecution by Corrupt SEC Officials Despite Decade of Outstanding Returns

NEW YORK, 2024-Oct-1 — /EPR Network/ — Renowned investment manager Chetan Kapur, founder of ThinkStrategy Capital Management, has long been recognized for delivering top-tier returns to investors for over a decade, particularly before and during the Great Recession. However, Kapur now faces what he describes as an unjust campaign by certain individuals within the Securities and Exchange Commission (SEC). According to Kapur, despite going to great lengths to protect investors during the financial crisis — including depleting his firm’s resources for their benefit — he has been subjected to harassment and unfounded accusations by corrupt elements within the SEC.

Kapur claims that ThinkStrategy Capital Management provided exceptional returns to investors for years and even outperformed the market during the downturn. As a result of the financial crisis, ThinkStrategy’s leveraged TS Multi-Strategy Fund was forced into liquidation. Despite this, Kapur asserts that the firm worked tirelessly without compensation to mitigate losses and ensure the best outcomes for investors. He sacrificed personal claims to further shield investors from additional harm.

The SEC’s actions against Kapur, he contends, are based on false and defamatory claims, which have led to a prolonged legal battle. Kapur accuses the SEC of colluding with a dissatisfied investor, Benjamin Schwarz, who sought preferential treatment during the liquidation process. The accusations against him, Kapur argues, were fabricated and part of an unjust attempt to extort him and his family. Though the charges brought by New York prosecutors were ultimately dropped, Kapur continues to fight a campaign of defamation and wrongful persecution.

Kapur’s ordeal, he insists, is a result of deep-seated corruption and abuse of power within the SEC, driven by personal and racial biases. Despite the legal challenges, Kapur’s supporters, including independent third parties, maintain his innocence and commend his integrity and dedication to his investors throughout the financial crisis.

The case, according to Kapur, highlights the urgent need for anti-corruption authorities to investigate the SEC’s internal misconduct and ensure justice is served. Kapur and ThinkStrategy Capital Management continue to stand by their track record of integrity and investor protection, even in the face of significant adversity.

SOURCE: EPR Network

Hays Taxation has revealed that expatriate tax professionals are in high demand

Hays Taxation, the UK and Ireland’s premier specialist in tax jobs, has revealed that there is currently a high demand for expatriate tax professionals.

Hays Taxation has suggested that those who may be specialising in expatriate tax in today’s market could broaden their experience by including US work. Those who are working within practice who wish to move in house might also benefit from a secondment spell. This not only allows the individual to develop their skills working on the other side of the fence but also offers the opportunity to try their hand at tax jobs or treasury jobs before deciding on the right career move. Those holding qualifications such as the ATT (Association of Taxation Technicians), CTA (Chartered Tax Advisor) or US Enrolled Agent will find themselves at an advantage, according to Hays, particularly if they wish to work for one of the Big 4 accountancy and professional services firms, namely Pricewaterhouse Coopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG.

“The expatriate tax market is buoyant and candidates are proving extremely marketable within practice, both in the big 4 and in boutique consultancies,” commented Gemma Reeves, director at Hays Taxation in London.

“All candidates looking to move into a new tax role should highlight recent experience, achievements and successes,” she continued. “Being flexible on location can often open up a wide range of opportunities especially if you have very specific experience. Tax is a great sector to work in as it offers so much diversity and opportunity.”

Hays Taxation is the UK and Ireland’s premier specialist in tax jobs, providing taxation professionals to organisations in the practice, commercial and financial services sectors. With nine offices around the UK, Hays Taxation is unique in having locally based, specialist consultants who can make the best connections for candidates and help them find the most applicable tax job in the UK. The in-depth market knowledge of the tax team means that the candidate’s career is in the hands of industry experts.

About Hays Taxation:
Hays Taxation is part of Hays plc, the leading global specialist recruitment group. It is market leader in the UK and Australia, and one of the market leaders in Continental Europe. At the end of June 2008, the Group employed 8,872 staff operating from 393 offices in 27 countries across 17 specialisms including recruitment for finance jobs, accounting jobs and audit jobs.

Via EPR Network
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