Ex-Och-Ziff Executive Cohen Faces U.S. Fraud Charges

The transcript discusses a criminal case involving OCF and Michael Cohen, focusing on fraud related to a yacht loan connected to Libya. It highlights the complexities and risks of frontier investing, particularly in Africa, and suggests the story could be movie material. The discussion emphasizes the importance of ethical practices and warns against bribery and misuse of charities.

What was Michael Cohen charged with in connection to the OCF case?

• Insider trading

• Money laundering

• Fraud related to a yacht loan

• Tax evasion

Which region is highlighted as having significant risks in frontier investing?

• South America

• Africa

• Europe

• Asia

What genre of movie does the speaker suggest could be made about the OCF case?

• Romantic comedy

• Science fiction

• Documentary

• Crime thriller

What is one of the key warnings given for frontier investing?

• Invest heavily in technology

• Avoid bribery and unethical practices

• Focus on short-term gains

• Ignore local regulations

What should investors avoid promising in frontier markets?

• High returns

• Super yacht purchases

• Low risk

• Quick profits