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17-Year-Old Girl From Region Is Outearning Top CEOs By Millions 17-Year-Old Girl From Region Is Outearning Top CEOs By Millions
17-Year-Old Girl From Region Is Outearning Top CEOs By Millions A teen social media star from Connecticut is outearning some of the most successful CEOs in the US by millions of dollars, according to new reports by Forbes and the Wall Street Journal. With 133 million TikToker followers, 17-year-old Fairfield County resident Charli D'Amelio, of Norwalk, who started posting to TikTok in 2019 -- has the video-sharing app's largest following, Forbes says. Last year, she brought in $17.5 million. The median pay for chief executives of S&P 500 companies in 2020 was $13.4 million, the WSJ reports. Darren Woods was the highest-earning CEO of 2020, brin…

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by Cecilia Levine
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Ex-Wall Street Trader From Long Island Admits To Running $19M Ponzi Scheme Ex-Wall Street Trader From Long Island Admits To Running $19M Ponzi Scheme
Ex-Wall Street Trader From Long Island Admits To Running $19M Ponzi Scheme A former Wall Street trader from Long Island admitted to running a years-long near $20 million Ponzi scheme Manhasset resident Paul Rinfret, 70, pleaded guilty to securities fraud and wire fraud charges in Manhattan federal court for the scheme to defraud investors by selling limited partnership interests in an entity through which he purported to trade in futures contracts relating to the S&P 500 utilizing a bespoke algorithm he had developed. According to United States Attorney for the Southern District of New York Geoffrey Berman, Rinfret boasted of “extremely high returns in his tra…

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by Zak Failla
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Trader From Manhasset Who Boasted Of Huge Investment Returns Charged In $20M Ponzi Scheme Trader From Manhasset Who Boasted Of Huge Investment Returns Charged In $20M Ponzi Scheme
Trader From Manhasset Who Boasted Of Huge Investment Returns Charged In $20M Ponzi Scheme A former Wall Street trader from Long Island allegedly ran a years-long Ponzi scheme to the tune of nearly $20 million. Manhasset resident Paul Rinfret, 70, has been charged with securities fraud and wire fraud charges in Manhattan federal court for the alleged scheme to defraud investors by selling limited partnership interests in an entity through which he purported to trade in futures contracts relating to the S&P 500 utilizing a bespoke algorithm he had developed. According to United States Attorney for the Southern District of New York Geoffrey Berman, Rinfret alleged that he toute…

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by Zak Failla