Extra Credit: The Rise and Fall of a Frat House Ponzi Scheme
About this episode
The episode explores the story of Syed Arbab, a frat house day trader who created a Ponzi scheme disguised as a hedge fund.
Syed Arbab looked like the next financial prodigy—a frat house day trader who turned beer-soaked bravado into a successful hedge fund. Except that wasn't exactly the whole truth. When the SEC came knocking, Syed doubled down, lied, and kept going.
More episodes of Chameleon
- The Journalist And The Voyeur: It’s Not So Easy When You’re The One Being Watched
- A Master's Puppet: Jeffrey Epstein's Money Man
- The Real Eddie: His Scamming Is Insaaaaane!
- The Mesh Mill: How Scammers Took Advantage of Women's Pain
- Harry And Rachel Part 2: When True Love Dies
- Harry And Rachel Part 1: When True Love Lies
Explore listener stats, chart rankings, contacts and more on the Chameleon podcast page.