Photo: AP

In a move sure to rustle feathers on old Nassau Street and be the talk of this year’s Reunions, the Wall Street Journal this morning scooped the Princeton Alumni Weekly, reporting that Ivy Club member Andrew Casperson ‘99 and fellow Tiger James McIntryre are rousing rabble like it’s House Parties ‘97: Casperson has allegedly defrauded an unnamed victim, rumored to be his old pal, McIntryre. From the Wall Street Journal:

The details add an overlay of friendship and betrayal to a story that is the talk of Wall Street. Mr. Caspersen hailed from a family made rich by its past ownership of consumer-finance company Beneficial Corp. and has a résumé of prestigious schools and employers. But somewhere along the way, prosecutors allege, he took a darker turn and sought out targets for an elaborate fraud.

It’s almost as we’re all back in Wilson College gathering ‘round before the Cane Spree begins!

Casperson, feds say, stole close to $25 million from McIntyre while fundraising for an investment called Irving Place III SPV, which didn’t exist. The Wall Street Journal was sure to note that both Casperson and McIntyre are married to Princeton alums. Catch you all at the P-rade!