U.S. Patents Awarded to Inventors in Massachusetts (March 20)

It was a routine check by the West Asia-based LP (limited partner or investor), when they were approached by an Indian private equity fund manager to raise his new fund.But, when the outcome of the check (due diligence, in the jargon) on him came out, the LP was shocked. The degree certificate, supposedly from one of America’s Ivy League business schools, flashed to the LP was a fake one.LPs include pension funds, endowments, foundations, big institutional investors and high net worth ...