9. High School Stock Trading Millionaire
The story of the High School Stock Trading Millionaire that’s comin next on our list of biggest internet hoaxes that fooled the world maintains that high school senior Mohammed Islam made millions of dollars on the stock market– $72 million to be exact– in 2014. This hoax managed to fool New York Magazine, New York Bost, and Business Insider, among others. Islam was successful at simulated trades in school, and in order to impress a friend, made up claims about his success at real trading. He was consequently interviewed by New York magazine, and his story spread. However, CNBC realized that Islam’s claims were not substantiated when he started going more in-depth, and Islam wasn’t able to answer his questions.
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