### Comment:
&gt; His investors put up more than $24.5 million in amounts ranging from $23,000 to $2.4 million -- money that ended up in Scronic’s personal brokerage account and most of which vanished on his risky options bets. 
  
 Wow, there are actually people wealthy enough to just throw around $2.4 million to a random kid's fictitious hedge fund?

### REPLY:
His background was Stanford, UChicago MBA, &amp; then Morgan Stanley.

### END.