Sahm Adrangi is one of the most sought-after investors in the United States today. He founded the Kerrisdale Capital Management in 2009 and managed the firm as its chief investment officer. He has been depicted in the news reports several times because of his unusual approach in managing his clients’ assets. Recently, he made news all across the country because he decided to purchase stock worth $100 million without knowing the identity of the company. He revealed that most of the money paid for the stock came from his clients, and he urged them to give because he left them a promise that their money would increase. After some time, the mysterious company was revealed, and those who have invested their money with Sahm Adrangi experienced a miraculous growth in their assets.
Sahm Adrangi loves to help the public in becoming more financially stable. However, he recently dug up information about the fraudulent transactions that are dragging his company to the negative side of the business. He revealed that this company is Quinstreet, and it has been sending a lot of emails lately advising the investors at the Kerrisdale Capital Management about their fraudulent plans.
Being a leader of one of the largest hedge funds in the United States, it is the responsibility of Sahm Adrangi to make sure that none of his clients would fall victims to predators like Quinstreet. He stated that after doing lengthy online research, he found out that QuinStreet is using the Kerrisdale Capital Management for their fraudulent transactions. Sahm Adrangi also warned their clients that clicking any links included in the emails sent by Quinstreet could pose major harm to their computer systems and cybersecurity.
What happens to the clients of the Kerrisdale Capital Management is that they will be receiving an email from QuinStreet, stating that they would have to transfer all of their data to back up storage devices and online cloud as a precautionary measure. Kerrisdale Capital Management has also pointed out that QuinStreet has been destabilizing their business because of the controlled reviews that he is providing, and it should be stopped according to Sahm Adrangi because more problems might arise.