The headline may be a little bit of an overstatement. The hedge fund “founder” is a Connecticut vagrant who was collecting funds by collecting cans. At five cents a can, that’s a lot of cans.
The future financial mogul, Brent Goggins, was executing the ultimate in retail funding – soliciting tin cans door-to-door in West Hartford, at the corners of Fenwood and Exeter Avenues, near Carol Road. For reasons unexplained, somebody called the local police, who collared the future financier for soliciting without a permit.
The 32-year-old Goggins has a criminal record – in 2007 he copped to resisting arrest. As Goggins was being put under arrest, police discovered an accomplice, Charles Cravish, who is a fugitive wanted in Florida for, you guessed it, resisting arrest. The double arrest was a major coup for the West Hartford constabulary.
Goggins seems to be popular with the rich ladies – his girlfriend posted $100 bail to spring him from the Big House. She must also be very forgiving, because Goggins and Cravish had “borrowed” her car for their little adventure. The car was towed.
Florida is expected to extradite Cravish as soon as possible. Plans for the Goggins Cravish Metals Fund are indeterminate at this time.
© 2011 Hedge Fund Writer LLC
