Shamoon “Sam” Rafiq, who illegally “sold” $3 million in Google stock posing as a partner at famed Silicon Valley venture capital firm Kleiner, Perkins, Caufield & Byers (KPCB), was arrested on March 5 by federal agents, reports New York Post.
It seems Rafiq, a 30-year old Dutch national of Indian origin, told his victims that he was helping Google (a KPCB portfolio company) in its IPO efforts. And that he would let them in on the action at $12 per share. Rafiq’s list of victims, according to NYT, allegedly included the Chairman of a global communications company, a corporate attorney, an investment banker and a stockbroker.
If only he had used his creativity to better purpose, it sounds as if Rafiq who could come up with a great idea for a start-up. Like Google. One that might have even got KPCB interested. Alas!
Click Here to read the full NYP report.
