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Will Sam “Bank Fraud Man” be punished for fraud? Could go either way. Adam “New Man” got away clean.
by aeneasmackenzie 3y ago
Will Sam “Bank Fraud Man” be punished for fraud? Could go either way. Adam “New Man” got away clean.
- adamnemecek 3y agoAdam Neumann didn't commit outright fraud.
- nradov 3y agoAdam Neumann of WeWork committed fraud the smart way. He told qualified investors exactly how he was going to cheat them, and then got them to sign binding contracts agreeing to be cheated. That was kind of slimy and cynical behavior, but it wasn't a criminal offense under US federal fraud statutes.
- deleted 3y ago[deleted]