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And now it's emerged that he's accusing one of the guests of scamming him out of of $1.7million with a fraudulent investment scheme.
Andrey C. Hicks, a Boston area money manager is accused of soliciting people like Humphries to invest in a $1.7 million collectively in a purported billion-dollar hedge fund called Locust Offshore Fund Ltd. Bigging himself up, according to E-Online he told investors he had obtained undergraduate and graduate degrees from Harvard University.
But it has since emerged that he only attended Harvard for three semesters and
he was required to withdraw for failing to perform academically twice.
He also falsely claimed to have worked for Barclays Capital and that the hedge fund held more than $1.2 billion.
David P. Bergers, director of the SEC's Boston Regional Office said: "Hicks lied to investors about virtually every aspect of his fictitious hedge fund. This brazen web of lies to investors constituted an outright fraud."
NBA star Humphries' rep said: "Kris Humphries is a victim of an investment fraud. He is working with law enforcement authorities and will not have any further comment until the matter is resolved."
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