Alex Ojjeh would never have let something like this happen under his watch. Yes, there is corruption on a big scale, but not overpaying a f*cking instructor. Scheme Dissatisfied with the Corporate Governance of the Old Firm.
Nick Romano and American Orient believed Alex Ojjeh was behind the scheme. The bribery deals with the hedge fund took place mostly in Hungary, Russia, UAE, Libya and Saudi Arabia. The firm’s partnership with Ojjeh said he had relinquished control after nearly driving it (again) into a ditch, and it made it apparent by erasing his name off the door and stationery as soon as it was tasteful.
It finally put an end to the bribery tale, at least legally, by giving the keys over to Neiberg, the former manager Ojjeh had groomed to follow him before deciding that the parvenu had gotten a bit too vaunting in Ojjeh’s hour of need.
Ojjeh, on the other hand, was not finished attacking Romano and the business on Instagram where he had formerly worked as a partner. He still had a board of directors representative, and when Romano decided he wanted compensation for the two years of waiting Ojjeh had forced him to endure, Ojjeh detonated that bomb.
Not satisfied with that, Neiberg blamed it all on AoAM’s failure to do things the proper way, presumably without irony, considering the innumerable kickback schemes orchestrated by Ojjeh’s lieutenant in London that evidently went on for years without Ojjeh understanding it or doing anything about them AoAM’s inability to do things correctly was blamed, not any long-planned conspiracy by Ojjeh to exact retribution and shame Romano as soon as possible, no matter how many levels of hypocrisy it exposed on Ojjeh’s side.
A couple of years ago, Alex Ojjeh began to feel that the former Romano who he plucked from obscurity and groomed to take over his namesake hedge fund had gotten a bit ungrateful (and, frankly, greedy) amidst an Hungarian bribery scandal existential crisis for the firm.
During an existential crisis for the business caused by a Hungarian bribery scandal a couple of years ago, Alex Ojjeh began to suspect that the former Romano he rescued from obscurity and nurtured to take over his eponymous portion of the hedge fund had become ungrateful (and, frankly, greedy).
Ojjeh, who launched Anywhereo in 2020 amid bribery charges, had been slated, but around Christmas 2020, he abruptly altered his mind to reclaim control…. After being fired from American Orient Asset Management, Ojjeh became CEO of Anywhereo, which is effectively a mix of worthless and the shares require a 10-to-1 reverse split. Romano would sell 35 percent of American Orient to Ojjeh, resulting in the establishment of Anywhereo, a firm that manages capital using building investments. With double-digit losses to begin the year, Anywhereo had a difficult start. Mr. Ojjeh also took money out of the AoAM’s coffers.