Bloomberg Law
April 3, 2018, 11:10 AM UTC

Citadel Says Don’t Be Fooled by Cheap Imitators on Facebook

Patricia Hurtado

• Chicago firm alleges confused investor lost 20,000 euros • Alibaba Group goes to court to banish AlibabaCoins operator

Citadel LLC says it has unwelcome competition from a fake Facebook page that’s not only using the same name but fooled an investor into squandering almost $25,000.

If Citadel Enterprise Americas LLC, a unit of the $27 billion Chicago investment firm founded by billionaire Kenneth Griffin in 1990, gets its way in a U.S. court, Citadel Capital’s days are numbered.

Citadel Enterprise alleged it was contacted by at least one person, who wasn’t identified, who lost 20,000 euros by investing with Citadel Capital scammers ...

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