Saturday, 31 January 2015
Last updated 13 hours ago
May 1 2007 | 1:50pm ET
Hakan Yalincak, the former New York University student whose primary extracurricular activity was running a hedge fund scam, says he needs more time before going to prison for a three-and-a-half year term. Why? Well, he says he may have suffered a stroke.
Yalincak asked a federal judge in New Haven, Conn., to grant him 30 more days before he reports to prison, currently scheduled for next week, according to the Associated Press. Apparently, an extra month should cure all that ails the 22-year-old, including droopy eye and the possible stroke.
In addition to prison time, Yalincak was ordered to pay more than $4 million in restitution last month.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…