Yikes! 2011 was NOT a good year for Kris.
The hedge fund, however, was just a checking account that Andrey used to purchase a 2011 black Range Rover, 12 luxury watches, one diamond engagement ring, two pairs of earrings, another gold ring with diamonds, one pair of silver cuff links and a matching silver men's ring.
Kris loved his fake friendship so much that he even invited this guy to his
Authorities have caught on to the scam artist's trail and, according to sources, Kris "has been working with law enforcement authorities" to make sure justice is served.
Sorry this happened, Kris! However, now that you're name is synonymous with the kash kow surname Kardashian, you've gotta choose your buds more carefully!
[Image via WENN.]