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Former Facebook diversity strategist pleads guilty to stealing more than $4 million from company - TL;DR CNBC

Former Facebook diversity strategist pleads guilty to stealing more than $4 million from company

Publishing timestamp: 2023-12-13 15:25:27


Summary

A former global diversity strategist at Facebook, Barbara Furlow-Smiles, pleaded guilty to wire fraud after stealing over $4 million from the company to fund her lavish lifestyle. She used an elaborate scheme involving fraudulent vendors, fictitious charges, and cash kickbacks. Meta cooperated with the investigation, and Furlow-Smiles is scheduled to be sentenced in March.


Sentiment: NEGATIVE

Tickers: META, 

Keywords: collusion,  business news,  securities fraud,  atlanta,  meta platforms inc,  crime,  technology,  laws,  corruption,  politics,  breaking news: politics,  social media,  breaking news: technology, 

Source: https://www.cnbc.com/2023/12/13/former-facebook-diversity-leader-pleads-guilty-to-fraud.html


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