All right, I am starting this thread following the last bust to come to light (see thread http://www.elitetrader.com/et/index...-turned-2-000-into-21million-in-a-year.290758) So it would go like this: Original story in [fill in], DD/MM/YY: http... Busted story in [fill in], DD/MM/YY: http... For example for thread above: Original story in Plymouth Herald (lol), 31/01/15: http://www.plymouthherald.co.uk/Mee...00-21million/story-25950117-detail/story.html Busted story in The Daily Telegraph, 16/06/15: http://www.dailymail.co.uk/news/art...n-charged-fraud-driving-without-L-plates.html Please keep comments to a minimum unless you have a story to add, cos he would be nice to keep this post as a recurrent/"Sticky" post.
Ok, I have a few ones in store to add myself: After Sam Cook above, here is Alex Hope: Original story in The Daily Telegraph, May11: Original article not found, but: "He featured prominently in a SPONSORED supplement about spread-betting in the Daily Telegraph last May." (http://www.theguardian.com/business/2012/apr/04/city-trader-alex-hope-arrested-fsa) Resting my case that THERE IS an INCENTIVE for brokers / banks / the industry at large to let / push this kind of get-super-rich-super-quick-trading kind of story in the news... He later got a lot of attention in the media due to a pretty high bar bill... E.g. in The Daily Mirror, 6/03/12: http://www.mirror.co.uk/news/uk-news/the-businessman-who-ran-up-203-752576 Busted story shortly thereafter (guess he did get some attention.. altho the wrong one ! lol) in The Guardian, 4/04/12: http://www.theguardian.com/business/2012/apr/04/city-trader-alex-hope-arrested-fsa And finally, went to jail: http://www.theguardian.com/uk-news/2015/jan/30/city-fraudster-alex-hope-investors-cash-fca
Now meet Mohamed Islam, who had made 72 millions, or so he said in his 1 day of glory... : Original Story in the NYMag, 14/12/2014: http://nymag.com/news/articles/reasonstoloveny/2014/mohammed-islam-stock-trading/ Busted Story only 1 day later (lol) in the Observer: http://observer.com/2014/12/exclusive-new-york-mags-boy-genius-investor-made-it-all-up/
Just saw on ZeroHedge yesterday the next-to-be-busted kid, but news from him started appearing last summer in various sources... http://www.zerohedge.com/news/2016-...earns-70k-bad-month-working-just-one-hour-day
original story seems to come from Daily Mail tabloid (had to be !), 12th of July 2015 http://www.dailymail.co.uk/news/art...ars-worth-total-350-000-crash-night-town.html