Multimillionaire Twitter Philanthropist Offers Huge Reward For Whistleblower In SVB Bank Collapse - Pulte - Benzinga
Detroit-based multi-millionaire and CEO of PulteGroup, Inc.
Bill Pulte has garnered a reputation on social media, specifically Twitter, for being a philanthropist, doling out thousands of dollars via tweets to his followers.
He’s doing it again, but this time with a twist.
What Happened: Silicon Valley Bank failed on Friday due to a $42 billion bank run, meaning thousands of depositors and investors attempted to withdraw their money in an extremely short timeframe. The Federal government took control of the bank, assuring depositors that they will have access to their funds.
Before Silicon Valley Bank failed, some of its top executives sold millions of dollars worth of stock — Pulte is offering a whistleblower $50,000 to uncover any crimes committed during the process.
Check out Benzinga’s insider trading tool.
REWARD $50,000 CASH / BTC
— Pulte (@pulte)
The Pulte Family will give a WHISTLEBLOWER if they turn in intel to the authorities showing that Top Executives at SVB (who were selling their shares) knew/violated their fiduciary duties in a crime
RT and lets catch some bad Execs
together w/my $$$
CEOs have a fiduciary duty to act in the best interest of their shareholders. This duty includes making decisions that maximize the value of the company's shares and avoiding actions that would harm the company or its shareholders.
Pulte’s $50,000 reward will go to the first whistleblower whose information leads to the successful conviction of an SVB executive. He is asking...
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