this post was submitted on 29 Sep 2025
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Not only did the two guys in charge run a ponzi scheme and steal $16M for their own use, but they claimed a cousin of one of them who was in on it had "over 10 years of experience managing multi-million-dollar companies", when she was in fact a substitute primary school teacher and radio station promoter.
There must be so much of this kind of grifting going on at the moment that people are getting away with.
That's very much part of the goal.
The people architecting and implementing the almost unfathomable power of the US government right now make their whole living and success off stealing it from people who do actual work, even if doing that causes tremendous damage. So of course they want to reshape the system to make it easier to steal people's money and work, and make it harder to prevent people from doing that (including demolishing systems for even arriving at the objective reality of what's going on so you can tell if someone is stealing or otherwise doing damage.)
Once you realize that, a lot of things that seem just kind of pointlessly malicious start to make sense.