Rich and Global’s Lifestyle: Theranos and Ozi Editions.

Not long ago, we lived an ugly life by 1% looking at the “lifestyle of the rich and famous” or “nurturers”. Now, let’s look at the details of how they were deceived. In San Jose, California, where Ms. Holmes’s case has been going on for the past month, several book clubs reading “Bad Blood”, which describes the fall of Theranos, gave a glimpse of it in the courtroom. There are pilgrimages to see. One curious audience member told me that he was a “fan of white-collar crime.”

Mood swings reflect the rise of fans of “murders” or real murder stories. We feel calm that we are not victims. Some of us may lose millions – or hundreds of millions.

“Psychological distance makes us laugh at things that would be embarrassing, embarrassing or painful if they happened to us,” said Peter et Waters, an associate professor at the College of William and Mary, who Do research “In the end, some rich people have deceived the poor like us.”

For so-called white-collar crime fans, the startup scam offers a growing reward for cannon invitations. It has recently been revealed that an Ozzy executive tried to secure investment on the call with Goldman Sachs, a YouTube correspondent. According to a recent criminal indictment, Manish Lachhwani used the software company Headspin to raise 60 60 million to raise revenue. (Headspin said he returned the funds and cooperated with investigators.) Ubeum has fraudulent insurance claims, the founders of a pop-testing startup said to raise 65 65 million. Misleading investors about their business in February with more than 40 counts of fraud. According to recent court evidence, private investigators and legal bullying tactics were used to intimidate Theranos whistleblowers.

They follow the old formula of “The Music Man”. A charismatic founder makes himself a disruptor of insight. Ms Holmes said Thiranos’ blood analysis machines could provide hundreds of medical tests quickly and cheaply with a single drop of blood. The pledge appealed to people like General James Mattis, who testified that he saw the potential to save lives on the battlefield, or Steve Bird, former chief executive of Safeway, who testified that putting machines in stores was a An interesting new line will open. Grocery business for China

Once a rich person buys, the founder can use the reputation of the deserving so that he can always strengthen the strong supporters. In the case of Theranos, George Schultz, the former Secretary of State, introduced Ms. Holmes to friends at the Hoor Institution, including Henry Kissinger and Mr. Mattis. Everyone assumes that the first investor asked all the difficult questions. Further investigations have been dropped as a trade secret.

Claims can be weak. In 2015, Theranos estimated revenues at 990 million. The truth that came out in court was close to zero. Ozzy Media claims to have written the first stories on influential people such as Trevor Noah and Alexandria Ocasio Cartes. it was not. uBiome co-founder Jessica Richman told reporters she is eligible for the “less than 30” and “less than 40” lists. According to the indictment, he was over 40 years old. Mr Newman promised that by 2018, WeLive, WeWork’s apartment-side project, would generate 600 600 million in revenue, according to a book on the company, The Cult of V. It never went beyond two hundred buildings.

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