BRIAN KIM and LIQUID CAPITAL Accused of Stealing From At Least 45 Victims Manhattan District Attorney Cyrus R. Vance, Jr. today announced the indictment of BRIAN KIM, 35, for running a Ponzi scheme that resulted in the theft of more than $4 million from at least 45 victims. Both KIM and his hedge fund, LIQUID CAPITAL MANAGEMENT, LLC (“LIQUID CAPITAL”), were indicted on charges of Grand Larceny in the First and Second Degree, Scheme to Defraud, Falsifying Business Records in the First Degree and felony violations of the Martin Act (New York State’s securities fraud statute).[1] “The defendant induced his clients to make risky and speculative investments by portraying himself as an accomplished trader and money manager,” said District Attorney Vance. “This is just the latest example of our need for stronger legislation to prosecute these types of financial crimes, including a strengthened Martin Act, which will help deter fraudulent conduct and protect investor trust.”