Former prison articles
-
Former Nike Diversity Manager Sentenced To 5 Years In Prison For Theft
Source: Robin L Marshall / Getty A former diversity manager for both Facebook and Nike just learned that crime doesn’t pay and that freedom is indeed priceless. Barbara Furlow-Smiles was just sentenced to five years in prison for robbing both companies of millions of dollars. According to CNBC, Furlow-Smiles pleaded guilty to wire fraud back in December of 2023 after being accused of stealing $4.9 million from Facebook by using fake invoices, fraudulent vendors and even cash kickbacks while...
-
Binance Boss Behind Bars: Former CEO Starts Prison Sentence for Dirty Money
The gates of Lompoc Federal Correctional Institution clanged shut on a fallen titan this week. Changpeng Zhao, better known as “CZ” and the billionaire founder of Binance, the world’s largest cryptocurrency exchange, began a four-month prison sentence for failing to prevent money laundering on his platform. Related Reading: Changing Of The Guard? NYSE President Acknowledges […]
-
Former BP exec's ex-husband gets prison for insider trading after eavesdropping on her calls
A Texas man illicitly bought stock of a company eyed by oil giant BP after hearing his wife, a mergers and acquisitions executive, discuss the deal on calls.