Harvard Business School graduate faces fraud charges in alleged $4M Ponzi scheme | NYGazet

Federal authorities have arrested a Harvard Business School graduate on charges that he swindled fellow alumni of the prestigious school out of more than $4 million.

NEW YORK (AP) — A Harvard Business School graduate was arrested Thursday on fraud charges alleging he swindled fellow alumni of the prestigious school out of over $4 million in a Ponzi scheme, even assuring one investor they would soon “brag” about t... [3066 chars]