Ted Siedle figures securities fraud is a growth industry.
A Securities and Exchange Commission lawyer-turned-financial industry watchdog, Siedle is raising an investment fund to cash in on the agency’s new whistleblower program.
After missing big frauds like the Bernie Madoff swindle, the SEC hopes the financial incentive will bring in more tips that lead to successful enforcement actions.
Siedle sees opportunity. In return for a share of the awards, he offers his expertise as a fraud...
