Russell Abrams’ Hedge Fund Accused of Fraud Amid Losses of 70%

``Abrams’ biggest single problem clearly is the Titan Global Return Fund, one of his main hedge funds. It’s performing badly and at least one of its investors is getting restless. Tradex Global Master Fund sued Titan Capital Group and Abrams on November 30th, claiming that Abrams “fraudulently misrepresented the risk strategies, investment procedures and objectives as well as Abram’s intended personal investment in the Titan Fund program.” On Wednesday Tradex filed a complaint stating that since June, its total investment in the Class M Shares of the Titan Global Return Fund have “lost approximately $2.6 million in value, or 74%.”''