EPISODE · Jan 25, 2024 · 25 MIN
A fake CEO, a failed investment scheme, and millions lost
from Front Burner
A scheme called HyperVerse attracted more than a billion dollars in investments and endorsements from celebrities including Chuck Norris and Apple co-founder Steve Wozniak. But a Guardian Australia investigation found that the CEO of HyperVerse didn’t even exist. Sarah Martin, a senior correspondent with Guardian Australia, explains how the scheme worked, who was behind it, and how regular people lost a lot of money. For transcripts of Front Burner, please visit: https://www.cbc.ca/radio/frontburner/transcripts Transcripts of each episode will be made available by the next workday.
What this episode covers
A scheme called HyperVerse attracted more than a billion dollars in investments and endorsements from celebrities including Chuck Norris and Apple co-founder Steve Wozniak. But a Guardian Australia investigation found that the CEO of HyperVerse didn’t even exist. Sarah Martin, a senior correspondent with Guardian Australia, explains how the scheme worked, who was behind it, and how regular people lost a lot of money. For transcripts of Front Burner, please visit: https://www.cbc.ca/radio/frontburner/transcripts Transcripts of each episode will be made available by the next workday.
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A fake CEO, a failed investment scheme, and millions lost
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