A Harvard Business School graduate is accused of targeting his own, deceiving fellow alumni into investing in a Ponzi scheme.

New York State Attorney General Letitia James, in a court order filed this week, accuses HBS alum, Vladimir Artamonov, of swindling investors out of $3 million. James urged any investors who lost funds to file a complaint. 

James' office alleges that Artamonov used his HBS network to court investors in a Ponzi scheme that defrauded at least 29 people, many of whom were connected to HBS, of at least $2.9 million in funds.