(Total Views: 481)
Posted On: 05/21/2018 2:01:36 AM
Post# of 72447
Now I suppose the latest identity will lecture us on how the SEC is hard-working and protects us.
The SEC fined the CEO of Theranos $500,000. She made one BILLION dollars perpetrating a fraud which cost the investors hundreds of millions of dollars. It was valued at one point at 10 billion dollars, now worth ZERO.
So, she pockets a billion bucks and gives back $500k in fines. Thanks SEC, you sure do a great job protecting investors.
The SEC fined the CEO of Theranos $500,000. She made one BILLION dollars perpetrating a fraud which cost the investors hundreds of millions of dollars. It was valued at one point at 10 billion dollars, now worth ZERO.
So, she pockets a billion bucks and gives back $500k in fines. Thanks SEC, you sure do a great job protecting investors.
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