New York Magazine has issued an apology after running a recent story about a high school student's $72 million fortune amassed through stock trading turned out to be entirely false
The original story focused on Mohammed Islam, a senior at Stuyvesant High School in New York City. Islam purportedly had put together a net worth in the "high eight figures" through his market magic, a fact that the magazine said they believed confirmed by a Chase bank statement.
Jessica Pressler, who penned the article, labeled the reports of Islam's wealth and stock-picking acumen as rumor, but did not do anything to question the veracity of the claims. "Mo," as he is referenced in the story, was painted as a quiet savant that was a celebrity at his school Read more...
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from MashableJason Abbruzzese
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