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UPDATE: Stuyvesant teen who claimed he made millions tells newspaper he fabricated story

 UPDATE: Teen’s claim he made millions playing stock market comes under fire

NEW YORK CITY (PIX11) — A 17-year-old student at Stuyvesant High School in Manhattan decided to use his lunch break to play the stock market — and it was a wise investment.

New York Magazine reports Mohammed Islam has made tens of millions of dollars playing the stock market. The teen has a rumored net worth of $72 million, according to New York Post.

Islam said he made so much money already that he purchased a BMW and rented his own apartment.

“What makes the world go round?” Islam asked in the interview, explaining his preference for trading and investment over startups. “Money. If money is not flowing, if businesses don’t keep going, there’s no innovation, no products, no investments, no growth, no jobs.”