Frank Parlato
This is part 3 of our series on Canadian Danny G. Guy. He is reportedly a criminal fraudster. Frank Report is investigating.
Part 1: Meet Danny Guy: The Alleged Hedge Fund Hustler Who Manufactures Financial Crimes
Part 2: Danny Guy Helped Russia Take American Uranium; The Clintons Helped Him Disappear
The Spiral
A stock that falters. An investor who shorts before the fall. Then the spiral begins.
Short selling. Dilution. New shares flood the market.
Investors fight for control.
A lawsuit. A boardroom coup.
A company collapses in slow motion. Piece by piece, value drains. Trust erodes. Shareholders scatter.
The tactic is old. The name newer: the death spiral.
And standing in the shadows is Danny Guy.
Danny Guy is not a man whose name rings bells on Bay Street or Wall Street. But to those who’ve met him—investors left empty-handed, executives pushed aside —he’s remembered.
He began as a trader. By 1996, he was managing portfolios. In 1998, he joined Banfield Capital, building the arbitrage book – betting on price gaps between deals. The trades weren’t just about winners. Sometimes, the real money was in the fall.
Before that, he worked merger trades at Richardson Greenshields then First Marathon Securities.
By 2001, Guy launched Salida Capital, a firm for “alternative wealth.”
Salida Capital: Rise and Losses
Salida grew fast. It took stakes in mining, energy, and tech. It funded lawsuits. It replaced boards. It had a foundation. It had a strategy.
It also had losses.
Salida’s Strategic Growth Fund—under Guy’s control—lost nearly 44% in one year.
Over five years, it was down more than 60%.
Salida’s investments followed a curve. Buy low. Influence high. When the numbers didn’t match, lawsuits appeared. So did new boards, old friends, and disappearing capital.
Later came Harrington Global. Offshore now. Bermuda, London. The trades continued.
And always, Danny Guy stood apart. Not in public. Not in the press. But on the forms in the filings, behind the boards, beside the proxies.
In this world, collapse isn’t failure. It’s strategy.
The Shape of a Shadow
From the outside, Danny Guy is a financier. Chief Investment Officer at Salida Capital, later at Harrington Global. A man of two cities—Toronto by address, Bermuda by choice. He lives at Deepwaters, a waterfront estate set back from Harrington Sound. His Toronto house, 45 Strathearn Road, remains still. Curtains drawn. Garden clipped. No mail on the step.
The movement is elsewhere.
There’s 2 Bloor Street West—offices in a high tower in Toronto. There’s Clarendon House in Hamilton, Bermuda—an address shared by many in the shell game.
Salida Europe Capital disappeared in 2011. Other firms survived under new names.
The filings overlap. Directors repeat. The same names. The same addresses.
The same behavior.
He chooses a company. Then comes the pressure. A lawsuit. A board challenge. Dilution follows. Patents move. Executives resign. Competitors disappear.
Some call it investment. Others say it’s sabotage, a cold dissection of value for personal gain.
Dacha Strategic Metals and the Hijack
But the companies collapse, just the same.
Salida Capital wasn’t just a hedge fund. It was built to profit from collapse.
The collapse was shouldered by his investors while Guy took secret positions and played both sides.
He stole millions from his investors, if his critics are to be believed.
On paper, Courtenay Wolfe held the CEO title. But Guy was the operator, the man behind the risk. Salida boasted that employee money made up a “significant portion” of its assets. They said: we win when you win. But the math didn’t agree. It was the opposite.
He set his sights on Dacha Strategic Metals.
The plan: take control without paying. No payout. No added value. Just a full-board replacement with nominees who had never worked in rare earths. Dacha called it a hijack.
On November 6, Dacha filed suit. The charge: Guy and his allies had acted as a group, acquiring control without meeting legal disclosure thresholds.
The lawsuits came. The value bled. The company fought to stay afloat.
Danny Guy was sabotaging again.
Losing Millions—or Stealing?
Danny Guy didn’t just lose money. He took companies down. Funds cratered. Portfolios evaporated. Investors lost homes, pensions, futures.
Guy moved between Toronto and Bermuda, on Harrington Sound. A place built with wealth—though court filings show unpaid bills, unreturned wages, lawsuits in his name.
Between 2010 and 2012, Salida Capital, run by Guy, did more than just bad fund performance. It was listed in Rosatom’s annual report as a wholly owned subsidiary of the Russian state nuclear energy corporation.
How did a Toronto-based hedge fund become part of a Russian uranium empire? That question remains unanswered.
In 2012, Salida Capital’s charitable arm—the Salida Capital Foundation—received $3.3 million in an anonymous donation. Investigators believe the money came from Rosatom.
Shortly after, Salida donated $780,220 to the Clinton Foundation—90% of its total giving in 2010 alone. By 2012, the total reached $2.65 million.
The Uranium One Deal
Then came the deal.
In 2013, while Hillary Clinton was Secretary of State, the Committee on Foreign Investment in the United States (CFIUS) approved the controversial sale of Uranium One—a Canadian uranium mining firm—to Rosatom. The deal handed Russia control over 20 percent of American uranium reserves.
Salida’s donations, its Russian ownership, and its timing. Clinton denied wrongdoing. But critics pointed to the money trail.
Salida—run by Guy, funded anonymously, giving millions to the Clintons—was, according to Rosatom itself, part of the Russian nuclear giant’s structure.
What role Guy played in selling out Canadian and US interest to empower the Russians is not fully known. But Salida moved money. The Canadian Uranium One was taken over by Rosatom which gave the Russians control of 20 percent of America’s uranium. And the Clintons got paid millions.
The Shadow of Danny Guy
And somewhere—on a quiet street in Toronto, or behind the glass walls in Bermuda—Danny Guy watches.
Waiting for the next turn to sell out his country or destroy a company, stealing the honest savings of thousands of honest investors.
The case can be made that Guy is an international criminal. That may or may not be true.
Anyone who touches him will embrace the kiss of death—a death spiral.
To be continued….
Frank Parlato is an investigative journalist, media strategist, publisher, and legal consultant.
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Salida Capital collapsed with a 67 percent loss during the 2008 crash. A large portion of its exposure was through Lehman Brothers, which didn’t just go bankrupt—it imploded under a mountain of concealed liabilities and fraud. Salida’s collapse should have been the end of the story.
But it wasn’t.
Danny Guy reappeared in Bermuda, a jurisdiction known for financial secrecy, and launched Harrington Global, a hedge fund that closely mirrored Salida in structure and behavior. This wasn’t a fresh start. It was a reset. An asset rebranding exercise. A strategic move into an environment with reduced oversight and deeper insulation.
The surveillance operation against Marc Cohodes wasn’t the act of a reckless trader. It involved paid infiltration, false identities, and sustained disinformation efforts. A disgraced private investigator was hired at $25,000 per month to push a manufactured “wolfpack” conspiracy to justify losses that came from Guy’s own decisions. This wasn’t about ego. It was about protecting something.
What the public never fully registered is that Salida Capital was listed in Rosatom’s own filings as a subsidiary. Rosatom is the state-owned nuclear energy agency of the Russian Federation. In 2012, Rosatom acquired Uranium One, gaining control of 20 percent of U.S. uranium production capacity. That deal was quietly approved by CFIUS. At the same time, Salida received a $3.3 million anonymous donation. Shortly after, Salida’s foundation donated $2.65 million to the Clinton Foundation—over 90 percent of its annual giving. The Uranium One deal went through.
No hearings. No questions. No reversals.
If Salida was just a hedge fund, why is it in Rosatom’s corporate filings? If Danny Guy was just a failed investor, why did he receive anonymous capital right before making a political donation that coincided with one of the most consequential transfers of nuclear material in recent U.S. history?
Guy also made a pattern of attacking short-sellers who exposed fraud. He claimed they were criminal groups conspiring to bring down his investments. But every time lawyers looked into the allegations, no evidence ever surfaced. Because there was no evidence. It was a narrative. And the only thing that mattered was who believed it long enough for Guy to move his money and disappear again.
This isn’t just about fraud. This is about structure & how money moves, how assets are hidden, & how networks protect their operators. It’s about how someone like Danny Guy survives failure, reinvents his firm offshore, uses anonymous channels to push money into political machines, and then walks away as a publicly invisible middleman in one of the most sensitive international transactions of the last two decades.
This story doesn’t stop at hedge funds. It leads to uranium, foreign state actors, anonymous wealth pipelines, and the mechanisms that keep it all off the books.
If we want to know who Danny Guy really is, start by asking why the Russians listed his company as their own.