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Billionaire Shocked by Son’s Quick $50 Million Trading Loss
A Russian billionaire’s son who lost more than $50 million while day trading at university told a London court that he “let down” his father, a billionaire who “never lost his sense of the value of money.” Temur Akhmedov is testifying in a London court, where his mother is accusing him of working with his father, Farkhad Akhmedov, to hide assets after their divorce. Temur denies the accusations, saying he lost much of the funds. His father, a one-time fur trader who went on to amass a fortune running a gas producer in Siberia, was very angry when he found out about the trading loss, he said. “I suspected ... (full story)
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- Dec 9, 2020 2:38pm Dec 9, 2020 2:38pm
- OnlineAddict
- Joined May 2014 | Status: From1toMillion | 3127 Comments
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- Dec 9, 2020 3:00pm Dec 9, 2020 3:00pm
- Arnaud
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- Dec 9, 2020 3:25pm Dec 9, 2020 3:25pm
- Not-KPMG
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Beware of robber banks (RB), bad advisors.
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- Dec 9, 2020 3:26pm Dec 9, 2020 3:26pm
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
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- Dec 9, 2020 3:56pm Dec 9, 2020 3:56pm
- Nick.
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- Dec 9, 2020 4:23pm Dec 9, 2020 4:23pm
- Nick.
- | Joined May 2013 | Status: Member | 898 Comments