most working actors have day jobs in real estate, have family money, or a spouse with a real job. i met someone whose breakout lead role was in a $70M budget film that flopped; they were driving lyft two years later. people have no idea how precarious the arts are.
🚨 INDIA MAY HAVE JUST WITNESSED ONE OF ITS BIGGEST ACCOUNTING FRAUDS EVER.
SEBI alleges that Rajesh Exports, one of India's most well known gold companies and a Fortune Global 500 firm, faked $158 billion in revenue, 99.8% of everything it ever claimed to earn over the last 5 years.
Rajesh Exports owns a Swiss gold refiner called Valcambi SA through overseas subsidiaries.
The parent company booked the full value of refined gold as its own revenue, even though it never owned the gold. It only held it temporarily for refining on behalf of customers.
Valcambi's own audited financials show it generated less than 0.5% of what Rajesh Exports was claiming as group revenue.
When SEBI asked for subsidiary financial records, Rajesh Exports repeatedly refused, citing Swiss privacy laws. SEBI is legally authorised under those same laws to request the records.
SEBI also found $1.3 billion in recorded transactions with a firm called Affluence Shares and Stocks.
Affluence told SEBI directly that Rajesh Exports was never its client, no agreement existed, and no trades were ever executed.
SEBI alleged those entries were fabricated to match gold derivative trades the owner was running through his personal account using company funds transferred without board approval.
Owner Rajesh Mehta has been banned from all securities market activity and a forensic audit has been ordered.
LIC, India's largest state insurer, owns 10.8% of the company.
The company has denied all charges and plans to contest the order.
Indians in comments acting like everything is fine when the country is literally burning like let’s stop pretending that India is habitable country and the government is doing nothing to protect us btw
'The Voice of Hind Rajab' Wins Battle Against Censorhip in India After Being Blocked Amid Fears Theatrical Release 'Would Break Up the India-Israel Relationship' https://t.co/Tvo80DxAvh
Dozens of more people have been killed after Israel intensified its attacks on Lebanon and launched overnight strikes on the country’s southern region.