Vincent McCrudden, a mad-as-hell hedge fund manager from Long Island, was arrested last night for threatening to kill 47 officials from the Securities and Exchange Commission, Financial Industry Regulatory Authority, and Commodity Futures Trading Commission.
McCrudden runs a very small hedge fund called Alnbri Management, based in Melville, N.Y. He's got something of a beef with the federal government, it would seem: He filed a $1 billion lawsuit against the SEC and other regulatory agencies last year—yeah, that's $1 billion—claiming harassment. And then last month, according to government prosecutors, he started sending violent and threatening e-mails to a host of SEC, Finra, and CFTC officials with messages like, "You fucking corrupt piece of shit! [Y]ou my friend are not getting away with this."
The onslaught may have been sparked by a civil complaint filed by the CFTC on December 1, 2010, accusing McCrudden of failing to properly register one of his funds—though his animosity with federal regulators certainly goes back farther than that. On Alnbri's web site, McCrudden's bio veers hilariously off-track from "Mr. McCrudden worked on Wall Street for over 20 years" to:
Mr. McCrudden has spent the past 13 years and counting combating a colluded Government attempt to discredit and harrass Mr. McCrudden through repeated bogus procedures. Mr. McCrudden has sought relief by suing multiple agencies and officials for $1 Billion. But this has not stopped certain higher ranking officials because they know that Judges are Government employees too. In order to stop the libel, slander and harrassment at the hands of these entities, and with no available forum in the US justice system, Mr. McCrudden has started a process to enact payback for years of Government abuse. As a twice survivor of the WTC bombings, Mr. McCrudden knows all too well what the Government can do in the "name of public interest". Mr. McCrudden believes the 23 friends he lost on 9-11-2001 would have had their full support. Wake up my fellow citizens and middle class and go look into the mirror, because you my friends are the face of the new Al Qaeda! Civil disobedience can be a start for justice. Its us (middle class) against them (Government officials and the Bourgeosie). Start acting now before its too late!
Anyway, now is not a good time to send threatening e-mails to government officials. McCrudden was arrested at Newark airport last night after his flight from Singapore arrived.
[Photo of McCrudden from Alnbri Management's website]