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Prosecutors say Smith-Griffin deceived investors for years. In spring 2021, while raising money, she said AllHere had made $3.7 million in revenue the year before and had about $2.5 million on hand.
Forbes listed her as one of U.S. Richest Self-Made Women in 2015 with a net worth of $4.5 billion. [40] In June 2016, Forbes released an updated valuation of $800 million for Theranos, which made Holmes's stake essentially worthless, because other investors owned preferred shares and would have been paid before Holmes, who owned only common ...
Honey Science LLC, formerly known as Honey Science Corporation, [4] or simply as Honey, is an American technology company and a subsidiary of PayPal.It is known for developing a browser extension that automatically applies online coupons on e-commerce websites.
Ripoff Report is a private for-profit website founded by Ed Magedson. [1] The Ripoff Report has been online since December 1998 and is operated by Xcentric Ventures, LLC which is based in Tempe, Arizona. [2]
Even “Shark Tank” investors get bitten sometimes. In the case of Mark Cuban, it appears to have been to the tune of $1 million after the billionaire investor was apparently the victim of an ...
In early 2019, in the Kapa investment scam, the Philippine government shut down Kapa-Community Ministry International and its self-declared pastor, Joel Apolinario. [citation needed] In January 2020, the SEC filed a federal case against a Californian couple, Jeff and Paulette Carpoff, charging them of organizing a $910 million Ponzi scheme.
An investor group led by U.S. merchant bank GSV's CEO Michael Moe has entered into exclusive negotiations to acquire business news and information publisher Forbes Media LLC for about $650 million ...
After the financial crisis of 2007–2008, as investment firms in the United States look for ways to improve clients' investment performance while earning money for themselves, they chance upon the idea of selling opportunities to unsuspecting Americans who want to get rich by participating in the "China growth story" but do not know much about the country or its companies. [8]