logo
Glamorous Miami hedge funder banned from US after lying to immigration officials

Glamorous Miami hedge funder banned from US after lying to immigration officials

Daily Mail​10-05-2025
A glamorous Miami hedge fund manager has been barred from the US after allegedly lying to immigration officials.
Jasmina Midzic, a managing director at Typhon Capital Management, was detained for 26 hours at Los Angeles Airport on Sunday, the New York Post reports.
The Croatian national had jetted in from London, but was put back on a plane to the UK after being denied entry to the US, per the outlet.
Officials claim she confessed to illegally working her $13,000-a-month job on a tourist visa.
Midzic strenuously denied any wrongdoing when contacted by the New York Post.
'My friends are judges and prosecutors in the US, I would not break the law,' she said. 'This is horribly violating my rights on so many levels.'
Midzic, 36, was on her way to attend the Milken Institute Global Conference, attended by the likes of Elon Musk and Jill Biden when her travel plans were derailed.
'They didn't listen because I am a white European and I work for a hedge fund,' she told the Post. 'They got very offended that I don't want American citizenship.'
Glamorous Miami hedge fund manager Jasmina Midzic has been barred from the US after allegedly lying to immigration officials
Midzic, a managing director at Typhon Capital Management, was detained for 26 hours at Los Angeles Airport on Sunday
The financier was travelling to the US to try and raise capital for Typhon, according to those with knowledge of the matter.
Midzic previously worked as a manager for New York City-based JurisTrade, according to her LinkedIn.
Her boss James Koutoulas, who founded both JurisTrade and Typhon, insisted that Midzic has not violated any immigration laws.
'If they want to smear her, then I will see them in court,' Koutoulas told the Post.
Midzic's corporate biography on the Typhon website states that she gained, 'significant international finance experience working in New York, London, Zug, Dubai, and Miami'.
While she has since switched to a private Instagram, evidence of her jet-set lifestyle is still evident on other social media pages.
Her Facebook is peppered with images of her hitting the slopes in the French Alps, lounging at the beach and popping bottles of champagne.
Typhon manages around $250 million worth of assets, according to Business Insider.
Tricia McLaughlin, assistant secretary at the Department of Homeland Security, told The Post Midzic 'had violated the terms of her admission under her B1/B2 visa.'
'Immigration laws must be followed — those seeking to work in the United States must do so through legal and lawful means or face the consequences,' McLaughlin said.
Insiders told the outlet that officials became suspicious about the frequency of Midzic's trips to and from the country.
One source said that the financier had unsuccessfully applied for an L1 visa in 2023.
A L1 visa a non-immigrant visa for international companies to transfer employees to the US.
Typhon founder Koutoulas previously found himself in hot water after the SEC announced it was probing him over whether he violated federal securities law with the sale of his 'Lets Go Brandon' (LBG) Coin. The probe has since been closed.
Meanwhile Midzic is not the only person to be caught in the crosshairs of the Trump administration's immigration crackdown.
A British woman was sent to a detention center after officials said she had incorrect documentation while entering through the US-Canada border.
Welsh tourist Becky Burke, 28, was held for 19 days over the 'visa mix up'.
ICE officers have also rounded up thousands of alleged illegal migrants in a bid to deliver the president's mass deportation pledge.
On Friday Trump officials announced that he is looking at suspending the key constitutional right of habeas corpus, the right of a person to challenge their detention in court, as part of his plans.
'The Constitution is clear, and that, of course, is the supreme law of the land, that the privilege of the writ of habeas corpus can be suspended in a time of invasion,' White House deputy chief of staff Stephen Miller told reporters.
'So it's an option we're actively looking at,' Miller said. 'A lot of it depends on whether the courts do the right thing or not.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Greece arrests hundreds of migrants after imposing asylum freeze
Greece arrests hundreds of migrants after imposing asylum freeze

Daily Mail​

time23 minutes ago

  • Daily Mail​

Greece arrests hundreds of migrants after imposing asylum freeze

Greece has detained nearly 200 migrants who arrived after an asylum freeze imposed on claimants from North Africa. 'The illegal immigrants who entered from Libya in recent hours were arrested by the coast guard,' migration minister Thanos Plevris said on X on Saturday. 'They do not have the right to apply for asylum, they will not be taken to reception centers, but will be held in police custody until the process of their return is initiated,' he added. The 190 migrants arrived in three groups south of the island of Crete, the coastguard told AFP. A fourth group of 11 people was found near the island of Agathonisi, opposite the Turkish coast. State TV ERT reported one of them was injured and later died in hospital. The move marks a further hardening of Greece's stance towards migrants under Prime Minister Kyriakos Mitsotakis' centre-right government, which has built a fence at its northern land borders and boosted sea patrols since it came to power in 2019. Greece is experiencing a rise in migrant arrivals from Libya, mainly landing in Crete, the home island of Prime Minister Kyriakos Mitsotakis. Over 2,000 people have landed just in July, sparking anger among local officials and tourism operators who have put pressure on the conservative government to take action to stop the flows. The government has declared a three-month suspension on asylum requests from any persons arriving by sea from North Africa. Earlier this month, dozens of migrants were seen in shocking footage leaping off a boat and running onto a beach in front of tourists on a Greek holiday island. In one clip, recorded at Diskos beach in the south of Crete, a group of asylum seekers were seen crammed in to a small boat as it bobbed near the shoreline. The concerning levels of sea arrivals prompted a visit by Greece's foreign minister George Gerapetritis to eastern Libyan commander Khalifa Haftar this month. Last month Athens also said it would deploy two frigates near Libyan territorial waters to help stem the flow. It urged Libya to cooperate more closely with Greece and the EU to stop migrants sailing from there or turn them back before they exit Libyan territorial waters. The North African country has remained deeply divided since the 2011 NATO-backed revolt that toppled and killed longtime leader Moamer Kadhafi. Human rights groups accuse Greece of forcefully turning back asylum-seekers on its sea and land borders. This year, the European Union border agency said it was reviewing 12 cases of potential human rights violations by Greece. The government denies wrongdoing. Greece was on the front line of migration crisis in 2015-16 when hundreds of thousands of migrants from the Middle East, Asia and Africa passed through its islands and mainland.

Gold hits five-week high as dollar, yields ease; spotlight on trade
Gold hits five-week high as dollar, yields ease; spotlight on trade

Reuters

time23 minutes ago

  • Reuters

Gold hits five-week high as dollar, yields ease; spotlight on trade

July 21 (Reuters) - Gold prices gained over 1% to hit a five-week high on Monday as the dollar and U.S. bond yields weakened amid uncertainty ahead of a U.S. deadline of August 1 for countries to strike trade deals with Washington or face more tariffs. Spot gold was up 1.5% at $3,398.23 per ounce at 12:12 p.m. ET (1612 GMT), hitting its highest since June 17. U.S. gold futures were up 1.6% at $3,410.40. The U.S. dollar index (.DXY), opens new tab was down 0.7%, making dollar-denominated gold more affordable for buyers using other currencies, while benchmark 10-year U.S. Treasury yields hit a more than one-week low. "With the August 1st deadline looming, it brings a level of uncertainty to the market and that certainly is supportive," said David Meger, director of metals trading at High Ridge Futures. The European Union is exploring a broader set of possible counter-measures against the U.S. as prospects for an acceptable trade agreement with Washington fade, according to EU diplomats. On the interest rate front, traders are pricing about a 59% chance of a rate cut by the U.S. Federal Reserve in September, according to the CME FedWatch Tool, opens new tab. U.S. Treasury Secretary Scott Bessent said the entire Federal Reserve needed to be examined as an institution. Talk of earlier-than-expected U.S. rate cuts is building, with speculation around a possible replacement of Fed Chair Jerome Powell and reshaping of the Fed adding to market jitters, Meger said. Gold is considered a hedge against uncertainty and tends to perform well in a low interest rate environment. Data showed the world's leading gold consumer, China, brought in 63 metric tons of the precious metal last month, the lowest amount since January. Its imports of platinum in June fell 6.1% from the prior month. Spot silver gained 2% to $38.94 per ounce, platinum also rose 2% to $1,449.65 and palladium was 2.3% higher at $1,269.64.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store