Andrew H. Middlebrooks
Founder & CIO of EIA All Weather Alpha Fund 1 Partners (Detroit)
What the public record shows
Andrew H. Middlebrooks was the majority owner, CEO, chief investment officer, and portfolio manager of EIA All Weather Alpha Fund 1 Partners (EIA), a Detroit-based investment fund. He pleaded guilty to wire fraud for a scheme to obtain more than $39 million from investors and was sentenced to 100 months in federal prison. This is a criminal conviction — not an allegation.
The scheme
According to the U.S. Attorney’s Office for the Eastern District of Michigan, Middlebrooks solicited investors into his fund and then defrauded them — the classic one-man-fund structure in which the same person controls the marketing, the money, and the “statements” investors receive, with no independent check.
Why we rate this 1 / 10 — Avoid
A federal wire-fraud conviction and a 100-month sentence for defrauding fund investors. When a single individual is owner, CEO, chief investment officer, and portfolio manager, there is no one independent verifying that the reported performance is real.
Verify it yourself
- DOJ press release (Eastern District of Michigan) — linked in Sources.
- SEC / IAPD — check any adviser registration for the fund.
- PACER — United States v. Middlebrooks, E.D. Mich.
Bottom line
Convicted and sentenced to over eight years. Separation of duties isn’t bureaucracy — it’s the thing that stops one person from inventing your returns.
Sources
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