Friday, September 19, 2025 -A Harvard Business School graduate was arrested on charges of defrauding fellow alumni of more than $4 million. Authorities say the individual used deceptive investment schemes to solicit funds from former classmates and associates.
Victims reported that they were promised high returns through purported business ventures, but the funds were allegedly misappropriated for personal gain. Investigators are working to trace the flow of money and recover assets for those affected.
The case has drawn attention within the business and academic communities, highlighting the risks of investment fraud even among highly educated professionals. Legal proceedings are ongoing, with the accused facing multiple counts of fraud and related charges
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