A view of San Francisco’s North Beach neighborhood on June 29. San Francisco home prices and apartment rents are soaring as the AI boom brings a new wave of wealth to the city. Heather Diehl/hide caption
(Bloomberg) — Brian Kahn, a businessman who pleaded guilty in a hedge fund fraud case, says he doesn’t have the money to pay back investors seeking reimbursement six months after he bought a $6 million mansion in Florida.
