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Vuk Vuković arrested in U.S. for suspected securities and wire fraud
Vuk Vuković, the founder of Oraclum Capital LLC and CEO of the ORCA BASON Fund, has been arrested in the United States on suspicion of securities fraud and wire fraud. U.S. authorities, including the Department of Justice, allege that Vuković engaged in a scheme to attract investors by providing falsified monthly reports and brokerage statements that significantly overstated the fund's returns and net asset value.
Specific discrepancies cited by investigators include a 2023 report showing a 19.05 percent return and nearly $5 million in assets, while actual records indicated a 22.46 percent loss and $2.71 million in assets. In June 2025, another report allegedly showed a 38.44 percent return and $18.45 million in assets, compared to actual figures of 16.39 percent and $12.77 million. Following an investigation, Vuković reportedly admitted to investigators that certain brokerage reports sent to a potential investor were not truthful.
The Croatian Financial Services Supervisory Agency (Hanfa) had previously identified irregularities regarding the fund's distribution in Croatia. In July 2025, Hanfa issued a decision prohibiting unauthorized investment services and the holding of investor funds related to the ORCA BASON Fund. Oraclum Capital LLC was also ordered to cease trading and promotion within Croatia. Vuković faces up to 20 years in prison for each count of fraud.
Entities
Hanfa · ORCA BASON Fund · Oraclum Capital LLC · U.S. Department of Justice · US Department of Justice · Vuk Vuković
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 9 SOURCES] The securities fraud and wire fraud charges each carry a maximum prison sentence of 20 years. www.sd.rs · www.dnevno.hr · www.glasistre.hr · lidermedia.hr · www.vijesti.ba · +2 more
- [● 15 SOURCES] Vuković allegedly provided investors with false monthly reports that overstated the returns of the ORCA BASON Fund. www.sd.rs · dnevnik.hr · www.dnevno.hr · www.espreso.co.rs · www.glasistre.hr · +7 more
- [● 6 SOURCES] Hanfa issued a decision on July 11, 2025, to stop and prohibit unauthorized investment services and the holding of investor funds related to the ORCA BASON Fund. dnevnik.hr · www.espreso.co.rs · otvoreno.me · radiosarajevo.ba
- [● 11 SOURCES] Vuk Vuković is the founder of Oraclum Capital LLC and the CEO and CIO of the ORCA BASON Fund. www.sd.rs · dnevnik.hr · www.dnevno.hr · www.espreso.co.rs · www.glasistre.hr · +3 more
- [● 16 SOURCES] Vuk Vuković has been arrested in the United States on suspicion of securities fraud and wire fraud. www.sd.rs · dnevnik.hr · www.dnevno.hr · www.espreso.co.rs · www.glasistre.hr · +8 more
- [● 15 SOURCES] Vuković is accused of providing at least one potential investor with falsified brokerage reports to misrepresent fund assets and returns. www.sd.rs · dnevnik.hr · www.dnevno.hr · www.glasistre.hr · lidermedia.hr · +7 more
- [● 6 SOURCES] The Croatian Financial Services Supervisory Agency (Hanfa) identified irregularities regarding the distribution of ORCA BASON Fund investments in Croatia. dnevnik.hr · www.espreso.co.rs · lidermedia.hr · www.vijesti.ba
- [○ 1 SOURCE] Oraclum Capital LLC is a New York-based company that manages the ORCA BASON Fund. www.sd.rs
- [○ 1 SOURCE] Vuk Vuković admitted to investigators that brokerage reports sent to a potential investor were not truthful and did not accurately reflect the fund's assets or returns. www.index.hr
- [● 3 SOURCES] For 2023, a potential investor was shown a 19.05 percent return and nearly $5 million in assets, while actual reports showed a 22.46 percent loss and $2.71 million in assets. lidermedia.hr · www.index.hr
- [● 3 SOURCES] In June 2025, a potential investor was shown returns of 38.44 percent and net assets of $18.45 million, while actual reports showed 16.39 percent returns and $12.77 million in assets. lidermedia.hr · www.index.hr