Deadly Portfolio: A Killing In Hedge Funds
John J. Hohn (2010) ISBN 9781432758752
Investing has always proven to be risky, but there are safer, less volatile bets than others. Hopefully trust in a financial advisor adds security to choices made, but how well do you really know him??? Who can you trust?
In the affluent lakeside community of Heron Lake, NC, the Fourth of July is a time for golfing, sailing, barbecuing and social climbing. Every year at this time financial advisors Matthew Wirth and Morrie Clay host a summer bash, entertaining wealthy friends and clients with the idea of cementing business deals and establishing social position. For Matthew Wirth this year marks hopes for a comfortable retirement, having worked hard to establish old-age security. Morrie Clay, quite a bit younger and more ambitious is eager to take over the client list and firmly establish his own name in financial and social circles. A bit over eager, he crosses ethical lines when he invests a client’s money in a hedge fund to make a quick profit. Without client consent he finds himself in career ending position when the fund tanks.
Rene McAllister, wife of multi-millionaire Alan “Mac” McAllister, is the client at the center of this misappropriation of funds. The morning after the party her dead body washes on shore. This begins to look more like a murder than a suicide to Detective James Raker. When young neighbor Jamie Sherman, a suspected drug dealer is also found dead, there is perhaps reason to believe the deaths are related. Adding to the mix is Mac’s discovery of mishandling of his wife’s funds. Morrie’s career is threatened as is his family’s comfortable lifestyle. Matthew’s reputation and retirement are also in jeopardy. In the midst of the investigation, law enforcement agencies seem to clash in cross purpose as Detective Raker doggedly follows his gut in pursuit of the killer.
“Deadly Portfolio” is a well written, intriguing mystery guaranteed to entertain. It provides study of the impact of acquisition of wealth of those who compromise their values only to discover that greed causes corruption and downfall.
Self-published Book Review of the Week by Enid Grabiner for RebeccasReads.com