Yale Grad Accused of Running Hedge Fund Scam While in School

(Bloomberg) This is one college side hustle a recent Yale grad might be regretting. Omar Zaki, 21, ran a hedge fund while enrolled at the Ivy League university, saying his firm relied on an algorithm that had produced eye-popping returns over a 10-year period, according to the Securities and Exchange Commission.The misrepresentation is one of many that Zaki allegedly made to investors, the SEC said in a Monday complaint.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply