Hedge Fund Fraudster, Family Squat Million-Dollar Maryland House

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Screen shot 2015-01-04 at 9.03.33 PMIn 2007-2008, FX aired a show called The Riches, about a family of five grifters who move into a fancy house that they’re only pretending to own. In a strange case of fact following fiction, nearly the exact same thing happened in a luxury home in Bethesda.

According to ABC, James Crombie, a former hedge fund manager moved his wife, three kids, and pet dog into the million-dollar Bethesda home, which featured a steam shower, whirlpool tub, and nanny’s quarters. The problem is, they allegedly never bought the house in question. When the property owner visited the house this summer, he was surprised to find it occupied.

Crombie had previously found himself in trouble for falsifying documents related to his hedge fund; he was ordered to pay his former partners $35.6 million. Add to that charges of burglary, attempted theft, and property destruction. Crombie goes on trial this week.



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