Bill Hwang, a self-proclaimed investment guru lost $20 billion in two days. Hwang set up an investment company called Chegos Capitol apparently for the expressed purpose of defrauding investment banks. Hwang immigrated to the United States in 1982 around the age of eighteen. He attended UCLA in California, and later he earned a business degree at Carnegie Mellon. Hwang leveraged his knowledge and contacts while attending university to pull off the fraud of the Century.
