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Phony MIT physicist bilked investors out of $24 6 million with Irvine tech firm, SEC alleges

In the news | The Arkansas Democrat-Gazette - Arkansas Best News Source

m Richard Worley, Baltimore police commissioner, said a man who officers claimed charged at them with a machete-like weapon and a knife was in stable condition after police shot him in the leg.

Phony MIT physicist bilked investors out of $24 6 million

An Irvine man bilked more than 50 investors out of $26.4 million with phony academic credentials, a fanciful rags-to-riches story and a promise to usher in “the next age of humanity” with cutting-edge nanotechnologies that could cure cancer, detect counterfeiting and provide an antidote to snake venom, according to federal regulators.

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