4 ms·

Say what you will about Adam Neumann, but he didn't commit fraud

• deleted 4y ago
  [deleted]
• bpt3 4y ago
  Please explain.
• neilk 4y ago
  Neumann bought ownership stakes in properties which he then leased to WeWork. I don’t know if this meets the legal definition of fraud but it’s absurdly shady, a clear conflict of interest. https://techcrunch.com/2019/01/16/we-company-ceo-in-hot-water-over-being-both-a-tenant-and-a-landlord/amp/ https://techcrunch.com/2019/01/16/we-company-ceo-in-hot-wate...
  • benjaminwootton 4y ago
    Fraud: “wrongful or criminal deception intended to result in financial or personal gain.” Not sure that fits as I assume it was both legal and didn’t involve any deception.
    • solumos 4y ago
      If it were illegal or did involve deception, surely his investors would have pursued legal action rather than giving him a golden parachute.
    • wittycardio 4y ago
      I'm going to guess you're big on crypto too yeah ?
  • solumos 4y ago
    Shady? Yes Conflict of interest? Probably Fraud? Almost certainly not