It's safe to say this was not the wedding gift Kim Kardashian and Kris Humphries wanted.
According to reports, the New Jersey Nets baller believes that one of the couple's wedding guests, Andrey C. Hicks, scammed him out of hundreds of thousands of dollars with a fraudulent investment scheme.
So, what went down?
Hicks, a Boston-area money manager, allegedly solicited individuals (like Humphries) to invest $1.7 million collectively in a purported billion-dollar hedge fund called Locust Offshore Fund Ltd., and made several false representations of himself and his business in the process, according to the Securities and Exchange Commission.
The wedding guest turned alleged scammer told investors he had obtained undergraduate and graduate degrees from Harvard University, that he previously worked for Barclays Capital and that the hedge fund held more than $1.2 billion—all of which were untrue.
But the falsehoods didn't stop there.
Read more on eonline.com
via source
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