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Kingscliff hedge fund impostor found dead in Sydney hotel

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Key Points

  • Ken Grace, the founder of a fraudulent hedge fund, has been found dead 
  • Mr Grace was due to be sentenced last week after pleading guilty to misconduct
  • The hedge fund, Goldsky won awards but in fact was a $24 million ponzi scheme 

Ken Grace, the hedge fund manager who ran a Ponzi scheme that ensnared Kingscliff locals and sporting personalities, has been found dead in a Sydney hotel room after failing to appear in court last week.

Ken Grace ran Goldsky, a Kingscliff-based hedge fund. Attila Csaszar

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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au

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    Original URL: https://www.afr.com/companies/financial-services/kingscliff-hedge-fund-impostor-found-dead-in-sydney-hotel-20240122-p5ez1d