American Grift

Episode 4: IBT Media


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This time, it's personal.
IBT Media co-founder Etienne Uzac was just named in an indictment from the Manhattan DA that alleges IBT Media (and two other companies called Christian Media Corp. and Oikos Networks Inc.) conspired to defraud investors of millions of dollars.
Joining former IBT media employee Oriana in talking about this particularly weird (alleged) grift are fellow former IBT Media employees Cole Stangler and Owen Davis.
It. Gets. Weird.
Reading:
https://www.wsj.com/articles/newsweeks-parent-company-co-founder-charged-with-defrauding-lenders-1539208065
https://www.motherjones.com/media/2014/03/newsweek-ibt-olivet-david-jang/
https://medium.com/@bpreeves/a-fool-and-his-money-are-the-new-owners-of-newsweek-financing-a-south-korean-cult-49b38946e1dc
...more
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American GriftBy American Grift

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2.9

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