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Hedge Funds

Yale Alum, 21, Accused Of Running Hedge Fund Scam By Sec

by posted 1year ago 40 views
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.

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