10. Scams 3: Rita Crundwell & DeAnne Stidham (Lularoe/MLM) - a podcast by Pink Collar Pod
from 2020-06-11T08:00
This week we are focusing on women who commit "money scams". Nathalie starts with the story of Rita A. Crundwell, who embezzled $50 million of public funds while serving as the city comptroller of Dixon, IL. Rachel discusses the case of DeAnne Stidham, one of the founders of LuLaRoe. DeAnne started her company with the intention of providing opportunities for women. However, when consultants started leaving the company because of bad products and shady practices, LuLaRoe started to get slammed with lawsuits. These two women took advantage of others in order to live extravagant lifestyles and their lies eventually caught up with them.
Music by Joseph McDade www.patreon.com/josephmcdade/posts
Nathalie's Sources:
https://en.wikipedia.org/wiki/Rita_Crundwell
https://www.morrisherald-news.com/2012/05/02/authorities-increase-amount-allegedly-embezzled-by-dixon-ill-comptroller-to-53-million/ay39axs/
https://www.insideedition.com/investigative/5814-she-lived-like-a-queen-by-scamming-an-entire-city
Rachel's Sources:
Millennial Women Made LuLaRoe Billions. They Paid the Price., by Stephanie McNeal https://www.buzzfeednews.com/article/stephaniemcneal/lularoe-millennial-women-entrepreneurship-lawsuits
Inside the Life of LuLaRoe’s Controversial Founder…, by Aine Cain
https://www.businessinsider.com/lularoe-founder-deanne-stidham-life-2019-10
Lawsuit alleges LuLaRoe ‘pyramid scheme’ deceived sellers, bye Anne Stych
https://www.bizjournals.com/bizwomen/news/latest-news/2019/01/lawsuit-alleges-lularoe-pyramid-scheme-deceived.html?page=all
Why Women Are Leaving Their Side Hustle: Leaving LuLaRoe
https://www.youtube.com/watch?v=L6eujSJ0-RU
https://www.lularoe.com/our-story
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