{"id":11702,"date":"2025-09-04T10:37:24","date_gmt":"2025-09-04T14:37:24","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=11702"},"modified":"2025-09-05T14:23:55","modified_gmt":"2025-09-05T18:23:55","slug":"silver-law-group-investigating-jefferies-financial-groups-leucadia-asset-management","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-investigating-jefferies-financial-groups-leucadia-asset-management\/","title":{"rendered":"Silver Law Group Investigating Jefferies Financial Group\u2019s Leucadia Asset Management"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-10205 size-full\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2021\/10\/FiverrLossesSmall.jpg\" alt=\"Silver Law Group is investigating an alleged scheme to defraud 3|5|2 Capital ABS Master Fund LP (the \u201c352 Fund\u201d), which is a hedge fund that was part of Jefferies Financial Group\u2019s Leucadia Asset Management (\u201cLeucadia\u201d). The former Leucadia portfolio manager of the 352 Fund, Jordan Chirico, was indicted for purportedly engaging in a series of conflicted transactions at the expense of those who entrusted Leucadia with hundreds of millions of dollars to invest in the 352 Fund. Specifically, in breach of fiduciary duties of loyalty and care owed by Leucadia to 352 Fund investors, Chirico was criminally charged for causing the 352 Fund and its affiliates to pour almost $100 million into an alleged Ponzi scheme masquerading as a water machine company called Water Station Management, LLC (\u201cWater Station\u201d). As the 352 Fund made those investments, Chirico purportedly had secret undisclosed financial stakes in the alleged Ponzi scheme conducted at the expense of the 352 Fund\u2019s investors. \u00a0\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2021\/10\/FiverrLossesSmall.jpg 300w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2021\/10\/FiverrLossesSmall-180x120.jpg 180w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Silver Law Group is investigating an alleged scheme to defraud 3|5|2 Capital ABS Master Fund LP (the \u201c352 Fund\u201d), which is a hedge fund that was part of Jefferies Financial Group\u2019s Leucadia Asset Management (\u201cLeucadia\u201d). The former Leucadia portfolio manager of the 352 Fund, Jordan Chirico, was indicted for purportedly engaging in a series of conflicted transactions at the expense of those who entrusted Leucadia with hundreds of millions of dollars to invest in the 352 Fund. <a href=\"https:\/\/www.silverlaw.com\/blog\/silver-law-group-investigating-jefferies-financial-groups-leucadia-asset-management\/#more-11702\" class=\"more-link\">Continue reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Silver Law Group is investigating an alleged scheme to defraud 3|5|2 Capital ABS Master Fund LP (the \u201c352 Fund\u201d), which is a hedge fund that was part of Jefferies Financial Group\u2019s Leucadia Asset Management (\u201cLeucadia\u201d). The former Leucadia portfolio manager of the 352 Fund, Jordan Chirico, was indicted for purportedly engaging in a series of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[617],"tags":[],"class_list":["post-11702","post","type-post","status-publish","format-standard","hentry","category-hedge-funds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Silver Law Group Investigating Jefferies Financial Group\u2019s Leucadia Asset Management<\/title>\n<meta name=\"description\" content=\"Silver Law Group is investigating an alleged scheme to defraud 3|5|2 Capital ABS Master Fund LP, a hedge fund that was part of Jefferies Financial Group\u2019s Leucadia Asset Management.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/silver-law-group-investigating-jefferies-financial-groups-leucadia-asset-management\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Silver Law Group Investigating Jefferies Financial Group\u2019s Leucadia Asset Management\" \/>\n<meta name=\"twitter:description\" content=\"Silver Law Group is investigating an alleged scheme to defraud 3|5|2 Capital ABS Master Fund LP, a hedge fund that was part of Jefferies Financial Group\u2019s Leucadia Asset Management.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2021\/10\/FiverrLossesSmall.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Silver Law Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Silver Law Group Investigating Jefferies Financial Group\u2019s Leucadia Asset Management","description":"Silver Law Group is investigating an alleged scheme to defraud 3|5|2 Capital ABS Master Fund LP, a hedge fund that was part of Jefferies Financial Group\u2019s Leucadia Asset Management.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-investigating-jefferies-financial-groups-leucadia-asset-management\/","twitter_card":"summary_large_image","twitter_title":"Silver Law Group Investigating Jefferies Financial Group\u2019s Leucadia Asset Management","twitter_description":"Silver Law Group is investigating an alleged scheme to defraud 3|5|2 Capital ABS Master Fund LP, a hedge fund that was part of Jefferies Financial Group\u2019s Leucadia Asset Management.","twitter_image":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2021\/10\/FiverrLossesSmall.jpg","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-investigating-jefferies-financial-groups-leucadia-asset-management\/#article","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-investigating-jefferies-financial-groups-leucadia-asset-management\/"},"author":{"name":"Silver Law Group","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"headline":"Silver Law Group Investigating Jefferies Financial Group\u2019s Leucadia Asset Management","datePublished":"2025-09-04T14:37:24+00:00","dateModified":"2025-09-05T18:23:55+00:00","mainEntityOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-investigating-jefferies-financial-groups-leucadia-asset-management\/"},"wordCount":321,"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-investigating-jefferies-financial-groups-leucadia-asset-management\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2021\/10\/FiverrLossesSmall.jpg","articleSection":["Hedge Funds"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-investigating-jefferies-financial-groups-leucadia-asset-management\/","url":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-investigating-jefferies-financial-groups-leucadia-asset-management\/","name":"Silver Law Group Investigating Jefferies Financial Group\u2019s Leucadia Asset Management","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-investigating-jefferies-financial-groups-leucadia-asset-management\/#primaryimage"},"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-investigating-jefferies-financial-groups-leucadia-asset-management\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2021\/10\/FiverrLossesSmall.jpg","datePublished":"2025-09-04T14:37:24+00:00","dateModified":"2025-09-05T18:23:55+00:00","author":{"@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"description":"Silver Law Group is investigating an alleged scheme to defraud 3|5|2 Capital ABS Master Fund LP, a hedge fund that was part of Jefferies Financial Group\u2019s Leucadia Asset Management.","breadcrumb":{"@id":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-investigating-jefferies-financial-groups-leucadia-asset-management\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.silverlaw.com\/blog\/silver-law-group-investigating-jefferies-financial-groups-leucadia-asset-management\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-investigating-jefferies-financial-groups-leucadia-asset-management\/#primaryimage","url":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2021\/10\/FiverrLossesSmall.jpg","contentUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2021\/10\/FiverrLossesSmall.jpg","width":300,"height":200},{"@type":"BreadcrumbList","@id":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-investigating-jefferies-financial-groups-leucadia-asset-management\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.silverlaw.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Silver Law Group Investigating Jefferies Financial Group\u2019s Leucadia Asset Management"}]},{"@type":"WebSite","@id":"https:\/\/www.silverlaw.com\/blog\/#website","url":"https:\/\/www.silverlaw.com\/blog\/","name":"Securities Arbitration Lawyers Blog","description":"Published by Securities Arbitration Lawyers \u2014 Silver Law Group","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.silverlaw.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752","name":"Silver Law Group","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","caption":"Silver Law Group"}}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/11702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/comments?post=11702"}],"version-history":[{"count":2,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/11702\/revisions"}],"predecessor-version":[{"id":11710,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/11702\/revisions\/11710"}],"wp:attachment":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/media?parent=11702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/categories?post=11702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/tags?post=11702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}