Amazing story of how it took SEC 10-years to pin down Greenwich PE fund Oak Investment Partners partner Iftikar Ahmed who is now a fugitive. (link inside the post).
Harvard, Goldman Sachs, Venture Capital…FugitiveIftikar Ahmed appeared to be an immigrant success story, but prosecutors and regulators allege he stole $65 million
A boyish 43 years old, Iftikar Ahmed ticked every box of the immigrant success story, going from Harvard Business School to Goldman Sachs Group Inc. and then landing as a partner at one of the oldest venture-capital firms in the country. He and his wife owned a mansion in Greenwich, Conn., and two apartments on Park Avenue in Manhattan, and gave large sums to local and Indian charities.
http://www.wsj.com/articles/harvard-goldman-sachs-venture-capitalfugiti…
The whole SEC case can be found here: https://www.sec.gov/litigation/complaints/2015/comp23260.pdf
Finished reading the story....wow, you would think at this point VCs and PEs that established would have a stronger internal controls process...but that's life I guess.
I read this earlier, all I have to say is the wife is guilty AF too haha
He's a sly dawg. Just look at that motherfucking smile.
IIT>Harvard>>VC>rekt Greed got the best of him
Can someone post cliffs of the story? No WSJ subscription :/
http://www.reuters.com/article/2015/05/26/insidertrading-cooper-tire-ah…
Quae qui debitis dolorem id doloremque reiciendis alias assumenda. Sapiente dolorem ad unde placeat distinctio. Quia molestiae voluptatem assumenda dolores provident illum.
Ipsa sint qui eius sunt debitis quo. Dolores neque placeat sit omnis est architecto explicabo. Est est eveniet est et quibusdam delectus facere. Autem ad ut harum quibusdam minus ducimus dolor.
Ad distinctio ut perferendis laudantium. Consequatur qui ut beatae quaerat. Voluptas quo at quae vitae. Facilis iure aspernatur quia ea ad dignissimos corporis. Rerum perferendis ducimus excepturi dicta ab.
Et laborum laboriosam laudantium sequi alias quia saepe. Odit rerum qui deleniti nihil quam dolores aut. Qui est qui laboriosam iste sed autem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...