Glamorous Miami hedge funder banned from US as she is accused of lying to immigration officials
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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.'
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.
'The allegations are false. She is a UK-based contractor and was traveling from London to LA to attend a cocktail party around the Milkin conference on a valid B1 visa which permits traveling for business meetings,' he told DailyMail.com
'It appears that CBP did not follow their procedures for denying her entry and may have also violated privacy laws by disclosing personal information to the NY Post.
'We support her 100% and are evaluating the raft of potential violations and what legal action to take.
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 whether he violated federal securities law with the sale of his 'Lets Go Brandon' (LBG) Coin. The probe has since been closed with no finding of wrongdoing.
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.'
