Forbes Fires Top Editor Over Secret $6 Million Payment For nearly two decades, Randall Lane was one of the most recognisable names in business journalism — Forbes' chief content officer, the face behind its biggest franchises, and a vocal defender of edit...
Phia's Cookie-Stuffing Scandal Deepens: Founders Reportedly Knew for Months Before Going Public What started as a quiet complaint from affiliate marketers has turned into one of the more uncomfortable startup scandals of the year, and it now involves the daughter of one of the world's most recog...
Nikola Founder Trevor Milton Pardoned After $660 Million Fraud Conviction Trevor Milton, the founder of electric truck startup Nikola, never spent a single day serving the four-year prison sentence he was handed for securities and wire fraud. In March 2025, he received a pr...
SEC Permanently Drops $257 Million Fraud Case Against BitClout Founder Nader Al-Naji Nearly two years after U.S. regulators came down hard on him, BitClout founder Nader Al-Naji has walked away from one of crypto's most closely watched fraud cases with a clean slate, at least legally....
From Prodigy to Political Scandal: How Nate Paul's Real Estate Empire Collapsed, and Took a State Attorney General Down With It Shunyatax News Analysis Not every fraud story ends in prison. Sometimes it ends in a suspended sentence, a state impeachment trial that unfolded almost entirely because of you, and a name that will fo...
The Math Nerd Who Testified: How Caroline Ellison Traded Two Years for Sam Bankman-Fried's Twenty-Five Every collapse this size needs someone who knows exactly where the bodies are buried. In the FTX case, that person was Caroline Ellison, a Stanford-educated quant with parents who were both economics ...
Unconquered No More: How Forbes Cover Star Obinwanne Okeke Hacked His Way to 11 Million Dollars The name of his company was Invictus, Latin for unconquered. It was a fitting brand for a young entrepreneur who seemed to be winning at everything, celebrated across Africa, featured on magazine cove...
The Chatbot That Was Supposed to Save Schools: Inside the AllHere Education Fraud Case Education technology rarely makes national fraud headlines, but Joanna Smith-Griffin's story managed to combine two things that almost guarantee attention, a sympathetic mission involving vulnerable s...
The Smirk Heard Around the World: How Martin Shkreli Became America's Most Hated Man, Then Came Back Anyway Shunyatax News Analysis Some frauds are complicated to explain. Martin Shkreli's rise to infamy was not one of them. In 2015, he took a decades-old, life-saving drug and made it thirty times more expe...
The 4 Million Users Who Never Existed: How Charlie Javice Sold JPMorgan a Fantasy for 175 Million Dollars Shunyatax News Analysis Wall Street's biggest bank, run by one of the most respected dealmakers in American finance, spent 175 million dollars on a customer list that was mostly fiction. The story of ...
The Curtain Trick: How Elizabeth Holmes Fooled Kissinger, Mattis, and Silicon Valley With a Machine That Never Worked Shunyatax News Analysis Some frauds are built on complicated financial engineering that takes forensic accountants years to unravel. Elizabeth Holmes built hers on something far simpler, a curtain. Be...
The Algorithm That Lied: How Do Kwon's Terra-Luna Empire Wiped Out 40 Billion Dollars in 72 Hours Shunyatax News Analysis Every crypto crash has a villain and a victim, but the Terra-Luna collapse of 2022 managed to produce one of the strangest characters the industry has ever seen. Do Kwon, a Sta...
