Tag Archive for fraud

Kate McKinnon set to play Theranos founder and ex-CEO Elizabeth Holmes in dream Hulu casting

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Next up to the Theranos-roasting bat: Saturday Night Live‘s Kate McKinnon. 

As confirmed by The Hollywood Reporter, McKinnon will star as Elizabeth Holmes, the disgraced former CEO and founder of the blood-testing company Theranos, for a limited series set to premiere on Hulu. 

Holmes, known for the allegations of multi-million dollar fraud against her and her now defunct company, has gained notoriety in the weeks following the release of HBO’s Theranos documentary The Inventor. Her many…

Huawei’s making tons of money, despite everything

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Huawei’s financial results for 2018 are out, and the Chinese tech giant is making a killing. 

The company posted 721.2 billion yuan ($107.4 billion) in revenue — 19.5 percent growth compared to 2017, and the first time the company surpassed the $100 billion yearly revenue mark. Net profit was 59.3 billion yuan ($8.8 billion), a 25.1 percent year-over-year increase. 

And yet, Huawei’s shunned by the U.S., the company CFO remains under house arrest under allegations of fraud, and a British…

Huawei’s making tons of money, despite everything

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Huawei’s financial results for 2018 are out, and the Chinese tech giant is making a killing. 

The company posted 721.2 billion yuan ($107.4 billion) in revenue — 19.5 percent growth compared to 2017, and the first time the company surpassed the $100 billion yearly revenue mark. Net profit was 59.3 billion yuan ($8.8 billion), a 25.1 percent year-over-year increase. 

And yet, Huawei’s shunned by the U.S., the company CFO remains under house arrest under allegations of fraud, and a British…

Huawei’s making tons of money, despite everything

TwitterFacebook

Huawei’s financial results for 2018 are out, and the Chinese tech giant is making a killing. 

The company posted 721.2 billion yuan ($107.4 billion) in revenue — 19.5 percent growth compared to 2017, and the first time the company surpassed the $100 billion yearly revenue mark. Net profit was 59.3 billion yuan ($8.8 billion), a 25.1 percent year-over-year increase. 

And yet, Huawei’s shunned by the U.S., the company CFO remains under house arrest under allegations of fraud, and a British…

Video ad fraud has been draining phone batteries

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When is a banner ad not a banner ad? When it’s a hidden video ad generating fraudulent advertising revenue while draining your phone battery and using your valuable data allowance.

As BuzzFeed reports, it’s been discovered that in-app banner ads have been hijacked on a massive scale to generate revenue for fraudsters working within the digital advertising industry. The people who suffer are consumers and their devices, but also the app developers who receive complaints regarding how quickly…

‘The Inventor’ is a monster movie. Elizabeth Holmes is its star.

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“She didn’t blink.” 

It’s a peculiar observation, but when ex-Theranos receptionist Cheryl Gafner makes it, it’s hard to shake — Elizabeth Holmes, the fraudster behind the now defunct blood testing company Theranos, doesn’t blink. 

Or at least when she does blink, it is done with purpose, a cool and calculating gesture that accompanies a specific word or phrase. To Holmes, blinks are seemingly for conveying sincerity and establishing trust, not an involuntary response to, y’know, having…

‘The Inventor’ is a monster movie. Elizabeth Holmes is its star.

TwitterFacebook

“She didn’t blink.” 

It’s a peculiar observation, but when ex-Theranos receptionist Cheryl Gafner makes it, it’s hard to shake — Elizabeth Holmes, the fraudster behind the now defunct blood testing company Theranos, doesn’t blink. 

Or at least when she does blink, it is done with purpose, a cool and calculating gesture that accompanies a specific word or phrase. To Holmes, blinks are seemingly for conveying sincerity and establishing trust, not an involuntary response to, y’know, having…

Facebook agrees to do more to tackle scam ads after celebrity defamation lawsuit

Facebook has agreed to plough more resource into combating the use of its advertising platform by scammers, saying it will do more to tackle scam ads that use well-known public figures to try to trick consumers.

It plans to launch a dedicated scam ad report button in the UK, slated to go live in around three months’ time, as well as set up a specialist, locally-based team to monitor ad reports, keep an eye on scammer trends and generally work on getting celebrity-exploiting scam ads taken…

Terry Crews and sexual violence survivors narrate moving #MeToo videos

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Four deeply moving videos released by the #MeToo movement were screened at the Sundance Film Festival on Saturday, with one voiced by actor Terry Crews.

Crews came forward with his own story as a survivor of sexual assault in 2017, in the wake of accusations against Harvey Weinstein and the surge of the #MeToo movement against sexual abuse.

“For me to remain silent, I would have felt like a fraud,” says Crews. “In the year that’s gone by, I’ve learned that silence is violence. They…

Facebook agrees to do more to tackle scam ads after celebrity defamation lawsuit

Facebook has agreed to plough more resource into combating the use of its advertising platform by scammers, saying it will do more to tackle scam ads that use well-known public figures to try to trick consumers.

It plans to launch a dedicated scam ad report button in the UK, slated to go live in around three months’ time, as well as set up a specialist, locally-based team to monitor ad reports, keep an eye on scammer trends and generally work on getting celebrity-exploiting scam ads taken…