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Reading News That Matters
Reading News That Matters
Ruja Ignatova, nicknamed Cryptoqueen co-founded the cryptocurrency OneCoin in 2014, and after this was exposed as a fraudulent pyramid scheme, she and other OneCoin executives were accused of defrauding investors of billions of dollars. In October 2017, Ignatova, charged with…
Elizabeth Holmes, the founder of Theranos, the Silicon Valley company that vowed to revolutionise blood testing but turned out to be a huge scam, was sentenced to 11 years in prison for defrauding investors. The Theranos company claimed that with…
Martin Winterkorn among five managers charged by prosecutors Prosecutors in the German city of Braunschweig said on Monday they were pressing criminal charges against former Volkswagen chief executive Martin Winterkorn in connection with the carmaker’s manipulation of diesel emissions testing.…