Odey Plays The Victim Card in Appeal to Overturn Finance Ban

Crispin Odey arrives at court in London, UK, on March 25.Photographer: Jason Alden/Bloomberg

After a long few weeks watching the UK’s financial watchdog present evidence that he had groped, verbally harassed and inappropriately touched female employees during his time at the helm of Odey Asset Management, former hedge fund boss Crispin Odey insisted to the court that he was the one who was actually the victim, and the target of “bullying” by the regulator.

Facing a fine and a lifetime ban on managing money by the Financial Conduct Authority, Odey argued in his appeal that the UK regulator was pursuing a “vendetta” against him. The London court proceedings, which have taken place over three weeks, have seen an array of former employees, FCA staffers, as well as Odey himself provide evidence suggesting that the financier may have falsified minutes, misled investors, attempted to blackmail the UK regulator, threatened his staffers, and tried to silence victims, all in an effort to stay in control of the firm he founded more than three decades earlier.