The blood test that never worked
Theranos is the reference case for founder fraud. Elizabeth Holmes was convicted on four investor-fraud counts and sentenced to more than eleven years. The jury drew a sharp line the coverage rarely repeats.
FTX and the missing customer money
The exchange failed in a matter of days in November 2022. A year later a jury convicted Sam Bankman-Fried on seven counts. Why the liquidity-crisis defense did not survive the evidence.
Wirecard: the money that never existed
A member of Germany's blue-chip index reported 1.9 billion euros that was never found. The Financial Times spent years on the story before the collapse proved it right.
Greensill: the model was the risk
Supply-chain finance rated safe until the insurance that made it safe was withdrawn. The March 2021 collapse reached into a global bank and a British government review.
WeWork: a governance failure, not a fraud
The valuation fell from 47 billion dollars and the IPO was pulled. No fraud charge was ever brought. The distinction between bad governance and crime is the story.
"WeWork was a fraud": testing the claim
The companion piece: a claim repeated online every day, checked against the filings, the reporting, and the absence of any enforcement action.