Interned at fraudulent Hedge Fund-keep on resume?

I am a rising junior at a mid-target university looking to get an internship in Chicago or NYC, hopefully with a BB. With fall recruitment so close, I'm not sure if I should keep a hedge fund I interned at as a rising sophomore on my resume. I only worked there for 3 weeks and learned little before it got shut down by the FBI and SEC.

I would be inclined to keep it because 1) it shows that I can get hired 2) my only other work experience is from 2 years of my high school job which I resumed after the firm closed and my internship this summer at a boutique investment bank and 3) it can be a fun topic that some interviewers like to hear about

I want to remove it because 1) I learned pretty much nothing there and didn’t do any substantial work with results 2) It can be awkward going over with an interviewer when they ask a question about it because of my short time there. I usually answer by telling them it got shut down but I feel like I could come across as trying to avoid answering. 3) Besides seeing some interviewer’s eyes light up at the story, it really just distracts them from other parts of my resume that they could be asking questions about.

I want to be a unique candidate but I am unsure if this is what I am looking for. Additionally, if I take it off, interviewers might think that I wasn’t able to get an internship after my freshman year compared to my peers that did. I don’t really think I can bullshit it because I don’t want to lie. What are your thoughts?

5 Comments
 

Rofl you sound really desperate top stand out. I wouldn't do it for apps to the bigger names because ego knows what kind of bs will come from it. Leave it on for boutiques

 

Keep it - it's not your fault for the firm shutting down (or I hope not).

Mr.Mathie | Ideas are nothing without execution - Jeux de Commerce Central
 

Keep it, I got asked a lot about mortgage meltdown stuff during interviews due to having a bank that is no longer around listed on my resume. It was done casually, One director even prefaced it with "this isn’t part of the interview, but did you guys know or think prior at all that...." it was a great way to stand out. I got the job as well.

GTAA Mistmaker
 

Blanditiis officiis qui laudantium praesentium veritatis enim. Unde quaerat dicta debitis. Pariatur provident est nihil quo in. Voluptatum rerum inventore cum adipisci. Quasi id quos ut qui.

Non et voluptas nam. Dolorem magni ut mollitia. Et harum earum aliquam molestiae. Delectus cum et commodi earum in ad.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 04 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (17) $409
  • Associates (58) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”