Founder Fraud & the Aftermath
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Founder Fraud & the Aftermath
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About this listen
There's a fine line between "fake it 'til you make it" and outright fraud. But what happens when a charismatic founder crosses that line, taking billions in investor money and the careers of hundreds of employees with them? From Theranos's non-existent technology to Wirecard's fabricated billions, the story of founder fraud is a dark and cautionary tale of ambition curdling into deception.
This episode goes beyond the headlines to explore the anatomy of a catastrophic founder fraud. We'll look at the psychological tactics used to deceive sophisticated investors, the high-pressure culture that silences whistleblowers, and the devastating human cost for the employees and customers left in the wreckage. This is a story about ethics, accountability, and what it takes to rebuild trust after the ultimate betrayal.
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