A fake CEO, a failed investment scheme, and millions lost

A fake CEO, a failed investment scheme, and millions lost

  • Af
  • Episode
      1426
  • Published
      25. jan. 2024
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Episode
1426 of 1957
Længde
26M
Sprog
Engelsk
Format
Kategori
Fakta

A scheme called HyperVerse attracted more than a billion dollars in investments and endorsements from celebrities including Chuck Norris and Apple co-founder Steve Wozniak. But a Guardian Australia investigation found that the CEO of HyperVerse didn’t even exist.

Sarah Martin, a senior correspondent with Guardian Australia, explains how the scheme worked, who was behind it, and how regular people lost a lot of money.

For transcripts of Front Burner, please visit: https://www.cbc.ca/radio/frontburner/transcripts

Transcripts of each episode will be made available by the next workday.


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