BIZARRE ON TOP OF BIZARRE: Andrey C. Hicks, Boston-Area Man Charged Civilly By SEC Last Week In Alleged ‘Locust’ Hedge-Fund Scheme, Now Charged Criminally, Feds Say; Separately, TMZ.com Reports Hicks Was Guest At Kim Kardashasian/Kris Humphries August Wedding — And That Kardashian Filed For Divorce Today
Andrey C. Hicks, accused civilly by the SEC last week of orchestrating a domestic and offshore fraud, now has been charged criminally with wire fraud, federal prosecutors in Massachusetts said.
Separately, TMZ.com is reporting that Hicks was a guest at the $10 million, August wedding of reality-TV star Kim Kardashian and Kris Humphries, a professional basketball player in the NBA — and that Kardashian filed for divorce today.
Hicks was arrested in Canada, TMZ reports.
Kardashian and Humphries have been married barely two months. The divorce papers were filed today: Halloween Day. TMZ said Kardashian cited “irreconcilable” differences” with Humphries.
Hicks operated a purported hedge fund known as Locust Offshore Fund Ltd. and an entity known as Locust Offshore Management LLC of Delaware.
“Locust” is a term associated with a destructive bug capable of wiping out vegetation. How the firms allegedly operated by Hicks got their names was not immediately clear.
Trading on the names of destructive insects, however, is not unprecedented in the fraud sphere.
The SEC said Hicks made up two degrees from Harvard as part of his “Locust” scam, which involved more than $1.6 million, according to court filings.