New York mag apologizes for completely false story on teenage stock trading whiz — mashable.com

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.

Read More