Florian Homm
Florian Wilhelm Jürgen Homm is a former German investment banker and hedgefund manager.
Absolute Capital Management, a hedge fund managed by Homm, once reached a volume of up to three billion US dollars, but collapsed in 2007. Investors are said to have lost 200 million US dollars. Charged with investment fraud in the U.S., he disappeared in 2007. The FBI, SEC and DEA put him on the wanted list. He was arrested in Italy in 2013 after hints from the FBI and faced extradition to the United States. He was subsequently released and currently resides in Germany. He has not been extradited despite a warrant from the U.S. and Switzerland because Germany, like the U.S. and many other countries, does categorically not extradite its own citizens to foreign countries. The only exceptions are in the case European Arrest Warrants, whereby a citizen may be extradited to another EU country only, or arrest warrants by an international court that Germany is a member of, whereby a citizen may be extradited to the location of the court for the purposes of a trial.
Homm was a featured interviewee in the 2018 documentary feature Generation Wealth.
Absolute Capital Management, a hedge fund managed by Homm, once reached a volume of up to three billion US dollars, but collapsed in 2007. Investors are said to have lost 200 million US dollars. Charged with investment fraud in the U.S., he disappeared in 2007. The FBI, SEC and DEA put him on the wanted list. He was arrested in Italy in 2013 after hints from the FBI and faced extradition to the United States. He was subsequently released and currently resides in Germany. He has not been extradited despite a warrant from the U.S. and Switzerland because Germany, like the U.S. and many other countries, does categorically not extradite its own citizens to foreign countries. The only exceptions are in the case European Arrest Warrants, whereby a citizen may be extradited to another EU country only, or arrest warrants by an international court that Germany is a member of, whereby a citizen may be extradited to the location of the court for the purposes of a trial.
Homm was a featured interviewee in the 2018 documentary feature Generation Wealth.
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