Mei Gao Only Had 7 Million Fraud.

Kark, 22, has also taken law courses. He hopes to become a lawyer in the future.

But as the lie is exposed, I am afraid that the talented student is 50 years in prison.

Hakan Alikak, a descendant of the royal family in Turkey, faces 50 years in prison. According to the US media, 7 year old student of New York University, New York University, lied to himself as an heir to the family of the billionaire family of the royal family of Turkey. He defrauded investors of their trust in investing in his fund.

In just a few years, he spent 7 million dollars in global investors.

Even Kark's mother and his son conspire to deceive.

On the 6 th of this month, the New York court heard the case.

Kark may face 50 years' imprisonment and a fine of 1 million 125 thousand dollars.

Kark, a 22 year old Turkey native, was a brilliant student at the Mathematics Department of New York University.

He used his students' identity and forged documents to pretend that he was the heir of a family of Turkey royalty billionaires.

Kark has created a hedge fund "Dai Da Lusi capital fund", but in fact the fund does not exist at all.

Surprisingly, Kark, Aif's mother, joined in the hoax.

Aif has repeatedly told clients that their mother and son are indeed members of a billionaire family in Turkey, while their son is an heir to the family.

Once, in order to convince a client of Kuwait businessmen who wanted to invest, Aif found the director of the Development Department of New York University. He persuaded the latter to prove his son's integrity.

Even the mother and son provide the investors with forged financial proof documents showing that the family property is at least 1 billion dollars!

In a forgery of $about 43000000 cheque, the police discovered that Kark's fraudulent practices were very sophisticated.

In his account, most of the money saved from investors.

When some of the investors suspect that they are demanding a refund, he will take other people's money.

When Kark was short of cash, he forged bank checks and cheats money from banks.

The amount of his cheque was $about 43000000, which was deposited in the bank account of Connec Dick, New York and Switzerland. Then he quickly drew cash before the bank found something different.

In this way, he managed to defraud the bank about $about 1000000.

According to police investigation, Kark used his fictitious fund to cheat global investors 7 million dollars.

Kark took the money for luxury life.

He squandered the money to buy luxury cars such as "Porsche" car, "Tiffany" high-grade diamond ring, and take a taxi every day.

In 2005, when 2 investors were unable to get money from Kark, he was sent to court.

Later, the police came to the end of the battle and finally the whole case surfaced.

In May 2005, Kark was arrested by the police.

When he was arrested, he was going to graduate from New York University with excellent results and get a master's degree in mathematics.

But as he was arrested, his great future was soon vanished.

The irony is that in 2004, the Kark family even donated 1 million 250 thousand dollars to the alma mater New York University and offered 21 million dollars to investors.

In order to express his gratitude, the New York University also named the building of the campus on the campus of the city of "Al".

All this is to convince investors that the young man is credible.