Advisory Board

Avarice Funds' Professional Advisory Board is composed of seasoned financial professionals. These veterans of wealth creation and management have over twenty decades of combined service time with well over twenty decades of time yet to serve. Their understanding of economics and their clientele has been proven to be "beyond a reasonable doubt." 

James W. Bailey, Jr.
Senior Vice President, Client services (On leave)

Prior to joing the board of Avarice Funds, Mr. Bailey operated Southern Financial Services in Asheville, North Carolina, where he offered self-directed IRA accounts and created limited liability companies for his clients to assist them in the purchase of real estate. Under Mr. Bailey's leadership, he was able to successfully lighten the wallets of his clients to the tune of $13 million before being charged with securities fraud, mail fraud and filing false tax returns. Mr. Bailey lives in Asheville while awaiting sentencing.
Contact him at

Norman Hsu
Senior Vice President, Political Affairs (On leave)


Operating from California, Mr. Hsu has been active in international politics, with special emphasis in the United States, where he alone was responsible for raising $60 million for the Democratic Party. Mr. Hsu was successful in delivering high returns on investors money by tapping the investments of later investors. Mr. Hsu later moved his operation from California to Hong Kong then to New York. Mr. Hsu (Federal Bureau of Prisons #660590-054) now resides in Milan, Michigan.
Contact him at

Bernard L. Madoff
Investor Emeritus (On sabbatical)

Beginning in 1960, Mr. Madoff was able to turn a $5,000 investment in his company into the largest market maker at the NASDAQ. Mr. Madoff served on the Board of Directors of the Securities Industry and Financial Markets Association, has been a member of the National Association of Securities Dealers, and has served on its Board of Governors as well as serving the Chairman of the Board of Directors. Mr. Madoff (Federal Bureau of Prisons #61727-054) currently resides in Butner, North Carolina.
Contact him at

Tom Petters
Chief Executive Officer and President (On leave)


Mr. Petters, a successful Minnesota businessman was the CEO and chairman of Petters Group Worldwide, a diversified company with assets such as Sun Country Airlines and Polaroid. Building on that success, Mr. Petters, with the assistance of Vice President of Operations, Deanna Coleman, enlisted clients to invest in electronics to be offered for sale through large retailers such as Costco and Sam's Club. Mr. Petters (Federal Bureau of Prisons #14170-041) lives in Leavenworth, Kansas.
Contact him at

Edward Snowden
Vice President, Information Technology


Mr. Snowden is a computer specialist and former employee of the United States Central Intelligence Agency (CIA). Following his tenure at the CIA, he worked as a Booz Allen Hamilton contractor for the government's National Security Administration (NSA). Then, following his departure from the NSA, he became an influential figure in world affairs, particularly in the area of Internet surveillance programs such as PRISM, XKeyscore and Tempora. Mr. Snowden is currently overseeing Avarice Fund's Moscow operation.
Contact him at

R. Allen Stanford
Executive Vice President, Offshore Investments (On leave)

Under his leadership and through his company, Stanford Financial Group, based in both Houston and Antigua, Mr. Stanford's nearly 30,000 clients have seen a return of their investments of an extraordinary 2.7 percent, representing approximately $188 million in return for their cumulative investments of $7 billion. Mr. Stanford (Federal Bureau of Prisons #35017-183) currently resides in Houston, not far from his boyhood home in Mexia, Texas.
Contact him at

Copyright © 2014 - 2019 Avarice Funds, CSALSFMT. Any and all contents of Avarice Funds are copyrighted by Avarice Funds, which is solely irresponsible for 
its production and publication. These contents may not be reprinted or retransmitted in whole or in part without our express written consent. 
If you use any of this stuff without asking first, we may sue your ass. We'll certainly be pissed off. 

Avarice Funds is parody, fiction, spoof. It in no way represents an actual investment company. (If you need to be told that, you really need to lock up your checkbook.) Avarice Funds does not purport to predict future events. (If we could do that, we'd be at the track instead of here.) Proper names used on this site, unless those of public figures or entities, are fictional; any resemblance to
actual persons or entities is coincidental. 
Avarice Funds is not associated with any investment firm, nor would any reputable investment firm wish to be associated with Avarice Funds.
Knowing all this, if you still wish to invest with 
Avarice Funds, make your check payable to Avarice FundsCSALSMFT, and send it to our office in the Cayman Islands.