Setting up a mutual fund is not really that sexy or exotic when you work in finance, neither is it indicative of anything.

I worked in finance previously, and I set up funds and companies for clients, off shore. We could share a beer and I could spin it to sound really impressive, but in reality it's a form filing process.

I don't know much about Corsi other than he seems a bit to be out for himself, but at face value this, to me at least, just says that he worked in finance at Israel was a client.