Nope, That Stuyvesant High School Senior Didn't Make $72 Million On The Stock Market During Lunch | |
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Anonymous Coward User ID: 1618838 United States 12/17/2014 06:28 AM Report Abusive Post Report Copyright Violation | Re: Nope, That Stuyvesant High School Senior Didn't Make $72 Million On The Stock Market During Lunch Heard about the so-called “Wolf of Queens?” It’s the story of teenager Mohammed Islam making millions playing the stock market during his high school lunch breaks — proving once and for all that all my harried, 30-minute trips to Jamba Juice were a complete waste of time? That was what was reported by a host of outlets Sunday, including CNN Money, the New York Post, and the New York Daily News, all of which described Islam as a dynamic 17-year-old, still months away from graduation, despite being a self-made multimillionaire. Unfortunately, then, the story began to fall apart, resulting in an awkward explanation Monday afternoon. Quoting: 411 Islam is a senior at Stuyvesant High School. He achieved a level of prominence and national notoriety after a profile of him, by Jessica Pressler, appeared in New York Magazine, detailing how rumors spread through his high school of his genius investments and $72 million fortune. And here is where the story starts to go a little sideways — that figure began getting cited as fact in a number of headlines, and was subsequently refuted by sources speaking to Business Insider, as “just a rumor — a rumor that Islam hasn’t denied.” Business Insider also got a statement from the investment club for young traders, which Islam belongs to, stating that the eye-popping figure was fallacious. MORE.... [link to www.bustle.com] TOO LATE! He already PUBLICLY DECLARED HIS EARNINGS. That means the IRS will HAVE to take his statement seriously now. Mr. Islam, enjoy your audit, and if you can't come up with taxes owed on your $72 million earnings, enjoy federal prison. |
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