This year we’ve seen three high-profile corporate scandals with larger-than-life CEOs in the dock facing serious allegations, and it’s tech companies that are at the centre of all the action: Theranos, Wirecard and Autonomy. All three CEOs have been charged with fraud.
The former CEO of Theranos, Elizabeth Holmes, has had her day in court, been found guilty of fraud and is facing up to 20 years in prison. Holmes touted Theranos as a health technology company, raised $700 million, featured in Forbes and defrauded a catalogue of wealthy families, as well as a number of prominent statesmen.
The payment processing firm Wirecard’s former CEO Markus Braun languishes in jail after his bail was revoked. Braun is awaiting trial on charges of fraud, breach of trust and accounting manipulation. But that’s the sanitised account. For the money shot, read . It’s written by Dan McCrum, the () investigative journalist who brought down Wirecard. That book reads like a mash-up between the late great spy novelist John le
