The story reported that "High school students earn about 8.5 billion yen by investing" was a complete deterime

Muhammad Islam, a 16-year-old high school student who attends prestigious Styve Santo High School located near Wall Street Street,A genius high school student trader who earned 72 million dollars (about 8.5 billion yen) as much money as stock trading"It was reported to New York Magazine. The news that only 16-year-old boy got huge wealth in one nightIt was picked up in the head line even in New York Post, American news programCNBCThe shock ran worldwide, such as being asked to appear from, but with the interview of New York Observer it turned out that the boy did not produce $ 72 million, or even 1 dollar, in investment.

EXCLUSIVE: New York Mag's Boy Genius Investor Made It All Up | New York Observer
http://observer.com/2014/12/exclusive-new-york-mags-boy-genius-investor-made-it-all-up/

Mr. IslamMy websiteHe is managing stock trading and investment related blogs and investment clubs on the above, and because I had friendship with the son of a former journalist from New York magazine (hereinafter referred to as NYMag), NYMag reporters asked for an interview for an interview It is said that it took.


Mr. Islam, who accepted the interview in an interview asked NYMag reporters "Were you generating 72 million dollars?" Islam said "I do not know exactly, but behind the eight digit (70-90 million I got a dollar). " About this content New York Observer is taking up the backdrop and confirming that it was not a fact as follows.

New York Observer: (NYO)
You answered "I earned eight digits", but that is not the case, is it?

Mohamed Islam: (Hereafter, Islam)
Yes.

NYO:
Have you earned many orders of magnitude? Did you get a return as a result of investing in something?

Islam:
No.

NYO:
In other words, is 72 million dollars the amount of fiction?

Islam:
Yes.

Far from getting a huge wealth, Mr. Islam did not conduct stock transactions themselves, he said he has only conducted simulation transactions at investment clubs operated at Styve Santo High School. However, Mr. Islam is a simulation deal, the world's largest stock rating businessStandard & amp; Poor'sEven though we had earned a very high reputation, we seemed to be able to make a highly credible reply to the reporters' question. Mr. Islam did not realize why NYMag's reporter asked a specific figure of "72 million dollars", but he said that to get credibility, he replied "Eight digits higher."


This shocking news became a topic and I also granted a request to appear from CNBC, but Mr. Islam just canceled the appearance just before.

There is no person who conducts financial transactions among Islamic family members, but about the reaction of parents when the news were reported, Mr. Islam said, "My parents were aware of my lies, my father wanted to cut the edge I was told that my mother never talked to me again. " Since then, Mr. Islam did not talk with his parents, he said that he stayed at a friend's house the day before he interviewed NYO.

In response to the question "What do you want to do in the future?" Islam says "I want to apologize to my parents." After posting this interview, NYMag "Apology to readers"New York Post has removed the relevant article from the headline and added that it was a false alarm at the beginning of the article.