Bronfman heiress jailed
Clare Bronfman has been sentenced to nearly seven years’ prison for her role in the Nxivm case – a longer sentence than prosecutors asked for. She’ll serve it in the United States. Bronfman’s connection with Montreal is through her father Edgar Bronfman; Clare’s sister Sara was apparently also involved with Nxivm but has not faced charges.
walkerp 21:02 on 2020-09-30 Permalink
Well deserved. I hope she serves every minute and it is hard time.
Let’s hope this is a turning point that signals the beginning of the end of the 1% con artist
Tim 23:50 on 2020-09-30 Permalink
Can you provide other examples of “1% con artists”? Bernie Madoff? Gwyneth Paltrow and her BS wellness company? Those are the first two names that popped into my mind…
walkerp 07:02 on 2020-10-01 Permalink
The biggest concentration is in Silicon Valley. Elizabeth Holmes of Theranos, Adam & Rebekah Neuman of WeWork are the two biggies. You can stretch that to include all the techbros (many of whom come from wealthy families) and who business model is basically ripping off existing social and economic structures with “disruption”. And of course the ur-con artist of them all, Trump.
Tim 09:36 on 2020-10-01 Permalink
I’m with you 100% on the hubris of silicon valley.
Blork 12:04 on 2020-10-01 Permalink
Side note: apparently Elizabeth Holmes’s defense team is considering an insanity defense, claiming the environment in Silicon Valley is so toxic that she was unaware it was “wrong” to lie to investors.