Another convicted hedge fund fraudster is back in the news, having filed a lawsuit against his alma mater for his university degree.
You may remember Hakan Yalincak and his fictitious Daedalus Capital Relative Value Fund; back in 2005 he pleaded guilty to one count of bank fraud and one count of wire fraud after he and his mother, Ayfer Yalincak (also known as “Jackie Yalincak,” also known as “Ayferefat Yalincak,” also known as “Ayfer Elgezdi Yalincak,” also known as “Irene Kelly,”- ed. I love that part!) were indicted for fraudulently soliciting more than $7 million from investors.
Yalincak’s move to get his degree transcends pathetic to achieve the sublime for several reasons.
