fraud scandal

3+ articles

AI funding Anantam Legal Indonesian startup crisis OpenAI Sam Altman

Elizabeth Holmes May Be Down, But Is Haemanthus a Sign of Her Return?

Despite serving an 11-year prison sentence for the Theranos scandal, Elizabeth Holmes seems to have a lingering influence on Haemanthus, a new blood-testing startup led by her partner, Billy Evans. While she has no official ties, the echoes of Theranos are evident, sparking concerns about her role in a potential technological resurrection.

Sep 14

Elizabeth Holmes May Be Down, But Is Haemanthus a Sign of Her Return?

Jailed Conman Offers a Whopping $3 Billion Investment to OpenAI!

In a surprising twist, jailed conman Sukesh Chandrashekhar has proposed a $3 billion investment in AI giant OpenAI. The offer, made through Anantam Legal, consists of $1 billion upfront followed by $2 billion over five years, supposedly funded by an offshore online gaming platform. But with Chandrashekhar's notorious history of fraud and imprisonment, can this proposal be taken seriously?

Feb 9

Jailed Conman Offers a Whopping $3 Billion Investment to OpenAI!

eFishery Faces Turbulence: Layoffs and Fraud Allegations Shake Indonesian Aquaculture Unicorn

eFishery, Indonesia's celebrated aquaculture unicorn, is in hot water amidst swirling rumors of layoffs and financial misconduct. Allegations include revenue inflation by a whopping US$600 million, sparking industry-wide concern and uproar among employees. This news follows a troubling trend in Indonesia's tech sector, with previous hits to peers like Investree and TaniFund. Could this be a sign of deeper issues within the startup ecosystem? Stay tuned as eFishery's crisis unfolds.

Jan 26

eFishery Faces Turbulence: Layoffs and Fraud Allegations Shake Indonesian Aquaculture Unicorn