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Note that according to the story, the fake email address was provided by the CEO, which was then used to arrange a call between Goldman and the COO/cofounder, p
by Lazare 5y ago
Note that according to the story, the fake email address was provided by the CEO, which was then used to arrange a call between Goldman and the COO/cofounder, pretending to be a YouTube exec.
At first glance, that seems to implicate both the CEO and the COO/cofounder in the fraud. Even if you buy the story that the COO was experiencing a mental break, I wonder what the CEO's excuse was? Must be pretty good, since his board apparently was fine with it...somehow.
(One rather suspects the FBI and the SEC will be less impressed.)
- bambax 5y agoOf course the CEO is in on it. He probably set it up in the first place. How did he not recognize his own COO on the call?! Even with the voice "digitally altered" (?) it should be trivial to recognize someone you work with every single day. And if the CEO had been in contact with the YouTube person before he also, at least, should have understood that this was not him. If you search for the CEO's name on Google Images, you get a wall of photos with the exact same broad, fake smile. What a character. It's amazing what some people can get away with.
- silexia 5y agoBoth the CEO and CFO had to have been involved. This is simply criminal fraud and hopefully both individuals are prosecuted for it. My guess is the board is made up of investors who don't want to see their money disappear when the leadership gets criminal convictions. That is why they brushed it under the rug.