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High School Investor: My Story — And Millions — Are A Complete Lie!

| Filed under: Business BlitzTeensSchoolViral: News

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Turns out that Mohammed "Mo" Islam isn't good at making millions. But he is good at making up stories.

The 17-year-old Stuyvesant High School student became an instant sensation after a story in Monday's New York Magazine stated that he made $72 million in stock trading during his cafeteria breaks.

Monday afternoon, Islam reduced the figure, saying that he only made eight figures.

Monday evening, he admitted to The New York Observer to fabricating the entire story.

I run an investment club at Stuy High which does only simulated trades. All I can say is for the simulated trades, I was very successful. The returns were incredible and outperformed the S&P.

Yup, Islam was basically playing with play money. He says the story got "hyped up beyond belief."

It may have cost the teen something worth more than millions — his family's respect.

Honestly, my dad wanted to disown me. My mom basically said she'd never talk to me. Their morals are that if I lie about it and don't own up to it then they can no longer trust me. … They knew it was false and they basically wanted to kill me and I haven't spoken to them since.

He added:

I am incredibly sorry for any misjudgment and any hurt I caused. The people I'm most sorry for is my parents. I did something where I can no longer gain their trust. I have one sister, two years younger, and we don't really talk.

The lesson kids? Don't cry wolf. And don't pretend to be the next Wolf of Wall Street.

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2 comments to “High School Investor: My Story — And Millions — Are A Complete Lie!”

  1. KC says – reply to this


    1

    Can't really get mad at him. It's the media who took it and ran with it without fact-checking first.

  2. joe says – reply to this


    2

    Before you steal content from other site (including the photo) you should do some fact checking.