Yasuna Murakami—Ponzi Scheme Investigation

Yasuna Murakami Allegedly Made Routine Misappropriations of Investor Money which Ultimately Led Murakami and Certain MC2 Entities to Operate the Canadian Fund as a $15.3 Million Ponzi Scheme; Investor Right Attorneys Investigating

Yasuna Murakami allegedly made routine misappropriations of investor money which ultimately led Murakami and certain MC2 Entities to operate the Canadian Fund as a $15.3 Million Ponzi scheme, according to a Complaint from the Massachusetts Division of Securities currently under review by Peiffer Rosca Wolf attorneys Alan Rosca, Joe Peiffer, and James Booker.

Several Peiffer Rosca Wolf securities practice lawyers have begun investigating investment recovery options on behalf of investors in Murakami – operated hedge funds such as MC2 Capital Canadian Opportunities Fund, MC2 Capital Partners, and MC2 Capital Value Partners. Investors who believe they may have lost money in Murakami’s MC2 Capital Canadian Opportunities Fund and his other hedge funds are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options

Murakami allegedly lost $6,000,000 of investor money and Murakami and the various MC2 Entities have brought in at least $15,280,000 from a minimum of forty-seven investors, the aforementioned Complaint notes.

Massachusetts Secretary of the Commonwealth William Galvin gave a statement which charges Murakami with alleged “material misrepresentations and omissions, misappropriation of investor funds, and operation of an illegal Ponzi scheme”, the Complaint reports.

Said Complaint also seeks repayment to investors for losses, the disgorgement of all profits and an administrative fine.

Murakami also allegedly used investor money in order to pay personal expenses such as luxury hotels, liquor stores, specialty cars, American Express bills, and high-end shops such as Nordstrom, Saks Fifth Avenue, according to the aforementioned Complaint.

The Peiffer Rosca Wolf securities lawyers are investigating Yasuna Murakami and his MC2 Capital’s alleged Ponzi scheme.

Yasuna Murakami Allegedly Took in Over $3.5 million in the Early Days of His Fund, but Had Negative Cash Balance of Approximately $2.4 million in 2008 Resulting in a Margin Call Which Nearly Wiped Out Investors

Murakami allegedly started his hedge funds in 2007 with the MC2 Capital Partners Fund, according to a Complaint from the Massachusetts Division of Securities presently being examined by attorneys Alan Rosca, Joe Peiffer, and James Booker.

Murakami allegedly created the fund with a former classmate and sold it mainly to friends and family members, the aforementioned Complaint states, and allegedly subsequently took in more than $3.5 million, the Complaint reports.

Murakami’s operations allegedly had a negative cash balance of about $2.4 million in 2008, which led to a margin call that essentially wiped out the investors’ equity, according to reports from Galvin’s office.

The second fund, MC2 Capital Value Partners Fund, launched in 2008, had had net losses in its first three years.

Over the life of the Partners Fund and the Value Fund, however, Murakami and the MC2 Entities allegedly failed to inform investors of the losses in both funds,” the Complaint states.

What is more, Murakami and the MC2 Entities allegedly took active measures to conceal the aforementioned losses from investors by soliciting additional investments and providing false or misleading performance numbers, the Complaint reports.

IN 2009, Murakami struck up a partnership with Donville Kent Asset Management of Toronto in order to launch the MC2 Capital Canadian Opportunities Fund, the Complaint states.

Later by 2011, Murakami and MC2 allegedly recruited investors and managed the fund’s back-office operations and Kent purportedly managed the investment portfolio, the Complaint notes.

A Massachusetts state regulator made the following statement:

“The association with Donville Kent was crucial in the decision of many to invest in the Canadian Fund, including one institutional investor from the Boston area who put in $2 million.”

Furthermore, in 2015, Donville Kent allegedly broke off his relationship with the MC2 entities, but Murakami allegedly failed to relay this information to Canadian Fund investors at large of said development, according to the aforementioned state regulators.

What is more, Murakami allegedly used investor money from the Canadian Fund to fund promised returns or redemptions to Partners Fund and Value Fund investors, the Complaint reports.

Finally, Murakami, while appearing before the Securities Division, allegedly invoked his right against self-incrimination, the Complaint notes.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of Ponzi schemes and are currently investigating Yasuna Murakami’s alleged Ponzi scheme. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Yasuna Murakami’s alleged Ponzi scheme – and in particular investors in the MC2 Capital Canadian Opportunities fund – may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

Alan Rosca (1157 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.