Company’s founder has faced mounting pressure – including from elected officials – to speak March 21, 2018/Independent Jeremy B White Facebook CEO Mark Zuckerberg was expected to break his public silence on a controversy over user data that has engulfed his company in recent days. The embattled social media platform has […]
Frauds & Scandals
Embezzled $3Billion Could Have Built, 7 Major Roads Across Nigeria, 2nd Nigeria Bridge-Osinbajo
*Buhari administration now undertaking these projects March 20, 2018 “Today, with less revenue but no leakage, we have increased funding capital in Power, Works and Housing, Defence, Transportation and Agriculture by as much as 400%. “We are two quarters out of the recession and firmly on the path of recovery. […]
SEC Charges Theranos Inc, CEO, Former President on $700 Million Fraud
March 19, 2018/US SEC On March 14, 2018, the Securities and Exchange Commission charged Silicon Valley-based private company Theranos Inc., its founder and CEO Elizabeth Holmes, and its former President Ramesh “Sunny” Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated […]
