New Adventures for Hedge Fund Rogue in $200 Million Swiss Fraud Trial
- German indicted in U.S. in 2013 cites coronavirus for absence
- 2012 memoir billed as ‘Adventures of an Estranged Capitalist’
Florian Homm in 2004.
Photographer: Christof Koepsel/Bongarts/Getty Images
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A German hedge-fund manager who fended off U.S. extradition over an alleged $200-million fraud failed to show up on the first day of his trial in Switzerland on similar charges, citing the risks of the coronavirus.
Florian Homm was due to appear at a court in Bellinzona, Switzerland, on Tuesday morning to face trial on charges of fraud, criminal mismanagement, money laundering and forgery but didn’t show up. His lawyer, Marc Engler, said his 61-year-old client denies allegations of stock-price manipulation or cross trades. Homm has a doctor’s certificate confirming his medical vulnerability, Engler said.