Mohammed Islam founded his high school’s investing club and is said to have made $72m trading oil and gold futures before even graduating high school - but just before an appearance on CNBC, the young investor said he was misrepresented
A Stuyvesant high school senior who reportedly made more than $72m trading oil and gold futures has admitted he invented the tale as a hoax.
Mohammed Islam, 17, told New York Magazine that he made enough to buy a BMW, rent a fancy apartment and turn down Wall Street jobs that pay $12,000 a month. None of that was true.
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