Maybe he had to lie because he knew you wouldn't believe him? There is always a possibility here.
Interesting, not sure if we had this excuse before. So to cover up what is already an unbelievable story he made up an even less believable lie? Yeah that sounds exactly the type of person we want in DT

Just to make it clear, are you claiming that mhanbostanci managed an "investment pool" for his niece and his student?