US authorities have filed charges against the Canadian founder of a phoney investment fund that lured $42 million from investors. The fund, called Gray Digital, was run by 26-year-old Nathan Gauvin. It dazzled investors with records of almost 200% yearly returns, allegedly made by investing customers’ funds across stocks, derivatives, debt, and crypto. Gauvin faces a 21-count indictment in Brooklyn federal court, including conspiracy to commit securities and wire fraud, bank fraud, identity theft, and m ...