Core Viewpoint - The article discusses the legal troubles faced by Wu Jian, a high-earning employee at Two Sigma, who is accused of fraud and manipulation of investment models, leading to significant financial losses for clients and the firm [2][7]. Group 1: Background of Wu Jian - Wu Jian, a Chinese citizen residing in New York, has a notable educational background, having graduated from Tsinghua University and Cornell University [2]. - He worked at Citadel before joining Two Sigma in April 2018, where he quickly rose to the position of Senior Vice President by January 2023 [4]. Group 2: Allegations and Consequences - Wu Jian is facing civil and criminal charges from the U.S. Department of Justice for wire fraud, securities fraud, and money laundering [2]. - The SEC's indictment claims that from November 2021 to August 2023, Wu Jian secretly manipulated at least 14 investment models, misleading Two Sigma about their performance and leading to client losses of at least $165 million [7]. - Two Sigma's internal investigation was triggered by Wu Jian's ostentatious display of wealth on social media, which raised red flags within the firm [7]. Group 3: Financial Implications - Wu Jian reportedly earned a salary of $23.5 million in 2022, a significant increase compared to previous years, and used part of his earnings to purchase a multi-million dollar apartment in Manhattan [4][7]. - Two Sigma has canceled Wu Jian's $8 million performance bonuses for 2021 and 2022 but has not yet recovered the $17.8 million in cash bonuses he received during those years [8]. Group 4: Company Response - Two Sigma terminated Wu Jian's employment in 2024 and has taken steps to compensate affected clients for their losses [9].
“不敢发朋友圈”,清华学霸小红书晒1.67亿元年薪引调查!美国司法部:他处于在逃状态
新浪财经·2025-09-17 09:13