The internet can be used for fun, can be used for studying and can be used for breaking the law. There are a lot of great things that you can do online and there are many things online that are used to scam people. One of the top professionals in finding fraud businesses as well as finding fraud accounts is Sahm Adrangi. This extraordinary figure is the founder and chief information officer of Kerrisdale Capital Management. This New York City-based company specializes in correcting misconceptions of over-hyped shorts. The company also investigates underfollowed longs that are mispriced.
Kerrisdale Capital Management has been in business for close to a decade, and the company manages more than $180 million. Short activism is the name of the game and Kerrisdale Capital has become very successful at short activism. Fraud is big business, especially when it’s being perpetrated online. Being a profound short activist, Sahm Adrangi has been able to put a cap on Chinese fraud. Besides being the “knock-off” capital of the world, China just so happens to be one of the biggest fraudulent countries in the world. Short sellers play a vital role in the success of this particular criminal behavior. There were up to $20 billion that was eradicated during the Chinese fraud era. Sahm Adrangi’s thorough research has certainly prompted the SEC to take action against some of these fraudulent Chinese companies. He’s also a well-known figure in investment banking. Thanks to his valiant efforts to thwart online fraud, he has been selected to speak at numerous industry-related conferences, including the Sohn Conference and the Activist Investor Conference.
Prior to working with Kerrisdale Capital, Sahm Adrangi managed more than $2 billion in distressed debt for Longacre Fund Management LLC.