There’s a lesson to be learned from even the craziest of schemes. A hedge fund in Rye Brook, N.Y., identified in a federal complaint only by its initials O.H., found itself the victim of an Internet telephone scam. Without getting too much into the technical details, suffice it to say the scheme ended with the arrest of Edwin Andres Pena and Robert Moore, who allegedly defrauded Web phone providers of about $1 million in fees by hacking into network portals from unsuspecting firms. According to The New York Times, the scheme made it appear that some 500,000 Web calls originated from the unidentified hedge fund over a period of three weeks, something the two men were able to accomplish by tapping into an unprotected network router at the firm, without the hedge fund even knowing it was going on. Such an incident highlights the need for securing all technology systems; in this case it seems no harm was done to the HF, but the hacking was accomplished with such ease, that it should give firms pause on the potential damage that lay in wait. By the way, it isn’t clear why victimized firms were mentioned only by initials, but there are two Rye Brook HFs with a monogram that fits: A spokesman for Oak Hill Platinum Partners denies his firm’s the one, while OpHedge Investment Services did not return a request for comment at press time.