SME Times is powered by   
Search News
Just in:   • EAM Jaishankar dials counterparts in Asia and Europe, discusses strikes on Pak-based terror camps  • Iran rejects report of proposing direct talks with US  • Singapore issues travel advisory asking citizens to avoid J&K, Pak  • US: Two injured, suspect dead after shooting at Florida pharmacy store  • 430 flights cancelled, 27 airports to remain shut till May 10 
Last updated: 30 Nov, 2023  

Arrest.9.Thmb.jpg Forbes reveals 10 'most dubious' people to feature in its '30 Under 30' list

forbes-logo.jpg
   Top Stories
» Sensex, Nifty open nearly flat as geopolitical tensions continue
» Sensex, Nifty gain in early trade as India carries out ‘Operation Sindoor’
» India, UK finalised free trade deal, says PM Modi
» Moody’s pegs India’s GDP growth at 6.3 per cent for 2025
» Nifty, Sensex open higher; Adani Ports among top gainers
IANS | 29 Nov, 2023
Forbes has published its '30 Under 30' list of young entrepreneurs and changemakers who are making a difference in the world for the past 13 years, and an "astonishing number" of these people went on to become cultural tastemakers, tech titans, and even billionaires.

However, some of them have gone on to infamy. For the first time ever, Forbes has published its 'Hall of Shame' list -- featuring 10 of the "most dubious people ever to make it to its 30 Under 30 list".

Sam Bankman-Fried: Bankman-Fried was recently indicted on seven counts of fraud and conspiracy related to his cryptocurrency exchange FTX.

He now faces 10 years in prison.

Caroline Ellison: Ellison has pleaded guilty to wire fraud and conspiracy for transferring funds from FTX customers to cover losses at its sister company Alameda Research. Forbes described this as "another FTX casualty".

Charlie Javice: The list also includes the creator and former CEO of Frank, a firm that promised to help college students acquire financial aid. Javice was charged with fraud after misrepresenting the size of her organisation.

Nate Paul: Paul, the founder of World Class Capital Group, built a real estate empire worth about $1 billion in 2017.

He was accused of eight counts of lying to lenders in June this year and subsequently indicted on four more counts of fraud and conspiracy.

He pleaded not guilty to all the charges. His trial is scheduled for July.

Martin Shkreli: Two years after appearing on Forbes' "30 under 30" list, Shkreli became the “most hated man in America" for jacking up the price of Turing-owned Daraprim, a vital medication used to treat parasitic infections, from $17.50 a tablet to $750.

He was once hailed as a business wunderkind, who launched two pharma-focused hedge funds while in his 20s. Cody Wilson: The founder of Defense Distributed, who became famous for posting blueprints on the Internet that allowed anyone to 3-D print a working gun, is now a registered sex offender after he was arrested for paying $500 to have sex with a 16-year-old girl he met online. James O'Keefe: O'Keefe, who ran conservative media company Project Veritas for thirteen years before being dismissed from his position as the company's chairman and CEO this February, has been accused of misusing donor funds and spending money on himself -- including a flight on a private plane.

Phadria Prendergast: Prendergast launched her glossy "Women of the City Magazine" (WOTC) in 2018 to spotlight upcoming entertainment and business stars, but it turned out that she was allegedly running a pay-to-play operation where cash-bought coverage.

Eleven former customers claimed that she stole around $195,000 from them.

Steph Korey: The co-founder and CEO of luggage brand Away has been accused of bullying her co-workers and imposing a heavy workload.

Lucas Duplan: Clinkle, Duplan's mobile payments startup, raised $30 million in 2014 but never delivered a viable product. Shortly after its massive fundraise, he started laying off employees.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Do you think Indian businesses will be negatively affected by Trump's America First Policy?
 Yes
 No
 Can't Say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter