Elizabeth Holmes is many things: a Stanford dropout. A founder of a company that was, at one time, worth $9 billion. An alleged fraudster. And now… a wife? Perhaps, if a recent report in Page Six is to be believed. Though Holmes is currently awaiting trial for wire fraud, due to the fact that her blood testing company, Theranos, could not perform nearly any of the tests it claimed to the public and investors to be able to do, she is still living a pretty luxurious life in San Francisco. (This is white privilege.) Redditors claimed she is out and about, taking her fake wolf-dog, Balto, out to dog parks. She is currently living in a high-end apartment. And, to top it all off, she was noticeably engaged to hotel heir Billy Evans—but now they might be secretly married. Why is it that scammer Billy McFarland has a girlfriend, murder-commissioner Gypsy Rose Blanchard is engaged, and fraudster Elizabeth Holmes is married, and yet I have not committed a high-profile felony, and I can’t even get out of the f*cking booty call zone???
Perhaps that is precisely the problem. If you’ll excuse me, I need to go make a hit list of everyone who has ever wronged me and devise no less than six fake companies.
Just kidding, I won’t do that (right now). But is Elizabeth Holmes really married? It’s possible, but so far neither she nor fiancé Billy have confirmed anything. The news comes from a live recording of Bitch Sesh, a Real Housewives podcast. Apparently, the Bitch Sesh event had an open mic where people could come up and share gossip *jots down notes for my next work happy hour gathering*. A friend of Billy’s got up and said that he and Elizabeth are already married.
The girl who shared this tea claims to have had Friendsgiving at Billy’s apartment with Elizabeth also in attendance. Another audience member told Page Six, “She was sharing details like the fact they have a stripper pole in their apartment. The room audibly gasped, and this girl got a standing ovation. And a shirt!”
A free shirt for selling out your famous friends? Sign me the f*ck up. Just kidding, I don’t have any famous friends! Damn, now I need to go make some so I can share their secrets in exchange for clothing.
Anyway! Holmes and Evans reportedly met at a party in 2017, and it’s unclear why Evans would choose to shack up with someone who is currently facing wire fraud charges (maybe he, heir to the Evans Hotel Group, thought to himself one day, “hmmm, I have too much family money to blow—maybe I should get in a relationship with someone who can help me take care of that problem”). Not surprisingly, Evans’ family is reportedly not pleased about the engagement.
For everyone asking about Holmes’s social media. It’s private. But here are a few screenshots of her and her fiancé we found online. (I personally find it crazy that she’s being charged with 11 felony counts, thousands of people’s lives were harmed, and she’s as happy as can be.) pic.twitter.com/6nYfjltLt4
— Nick Bilton (@nickbilton) February 21, 2019
“His family is like, ‘What the f–k are you doing?’ It’s like he’s been brainwashed,” a source told the New York Post. Still, Evans reportedly insists that the media “has it wrong” about Holmes (and I guess, by extension, the criminal justice system does too). But just like when your mom and dad tried to tell you the 21-year-old who still hung out behind the high school was not a good person to date, Evans doesn’t seem to care what his family thinks. A source told the NY Post back on April 6 that wedding invitations had been sent out about two weeks prior. And although Billy could afford to give Elizabeth a huge rock, he gave her his MIT signet ring, because, the source claimed, “it could end up owned by the feds if she has to give up her material possessions.” I mean, that’s actually kind of smart, but so would be not getting engaged to someone charged with fraud.
If Holmes and Evans are indeed married, I think I speak for all of us when I say that I need all the details of their wedding immediately. Was Balto the ringbearer? Was Sunny Balwani, former Theranos president and Elizabeth’s ex, in attendance? Did Elizabeth still use her fake voice when saying her vows? And, most importantly, what the hell will happen if Elizabeth is indeed sentenced to the 20 years of prison she’s currently facing? No matter what happens, I’m going to need multiple documentaries on every streaming platform out there about Elizabeth’s life behind bars.
Images: nickbilton / Twitter
In 2019, it’s old news that we love a good scamming story. But among the “stars” of this year’s scamming news cycle—Anna Delvey, Billy McFarland, and Elizabeth Holmes, to name a few—there’s one clear similarity. They’re all millennial scammers. Now, our generation has been accused of a lot of things: we’re lazy and entitled, we ruin whole industries, and we simply cannot get enough of avocado toast. But maybe we’ve been dancing around the most damning accusation of all. As stories pile up of outrageous con artists born between 1981 and 1996, I have to ask: are millennials the scammer generation?
If we are, I can hardly say it’s surprising. Growing up, I saw a lot of promises about “the right path” be shattered. Our parents told us that college degrees were non-negotiable if we wanted to get ahead in life (no matter how much debt we incurred), while dropouts like Zuckerberg, Spiegel, and Holmes dominated the landscape of professional success. Then Instagram, and the subsequent world of influencers was born, and the idea of blindly taking the expected steps through life began to seem not just uninspired, but downright stupid. Both types of self-made success—from Silicon Valley CEO to future Bachelor contestants—preached the same ethos. If you work 20 hours a day, abandon everything else in your life, and operate with complete confidence in yourself and your ideas, you will find success.
Of course, the path of betting on yourself and taking risks is made a lot easier if you have a trust fund to fall back on—and many millennial success stories did. For those of us too stupid to invent our own companies, too ugly to make it on Instagram, or too poor to consider either option, there was the post-recession job market. There, the cutthroat competition (even for internships!) and the increasingly insane demands of office jobs (be available on Slack 24/7! Be prepared to take over anyone else’s job at any time!) made the glittering vision of those “working for themselves” all the more appealing. And when we’re treated to a constant feed of photos of their glamorous lives, and Twitter updates on their successes, frustration builds.
Enter: the scammer. Like every millennial, they were inundated with images of extraordinary success and luxury, and the message that if they just worked hard enough or really believed in themselves, anything was possible. So, our millennial scammers said to themselves: why couldn’t that be me? They dreamed big: McFarland pitched Fyre Fest; Holmes pitched Theranos; and Delvey pitched, well, herself, as a larger-than-life heiress, and to a lesser degree, a $50m private club on Park Avenue. They ensured that the idea looked good: McFarland unrolled his Insta-model ad campaign; Holmes filled her board with incredibly high-profile businessmen; and Delvey lived in designer clothes and luxury hotels. And whenever they were questioned on details, they pivoted the conversation back to the big picture: an end game so attractive that listeners wanted, desperately, to believe it.
While scammers have always existed, what’s really striking about millennial scammers is how grandiose their visions are, and the extent to which they seem to believe their own lies. If people continue to make millions off Instagram—even though we’ve been shown time and time again how much of Instagram is fake—then it makes sense that millennial scammers assume they can cash in big, even if there’s no reality to back up their vision. People are uninterested in, say, the actual science behind improved diagnostic testing, or the exact location of a music festival’s toilets. Those details would never have attracted the millions they raised—only the fully-formed, visually appealing outcome would. In our image-obsessed culture, with the constant refrain of “if you didn’t post a picture, did it even really happen,” we’re essentially begging to be scammed by grifters like these.
Until we begin to mend the rift between image and reality that social media has created, and the concept of the self-made billionaire is unpacked, we should expect more millennial con artists pitching us beautiful lies. Because we grew up in such a broken economic system, where following the expected steps didn’t get us the results we were promised, it was attractive to believe that anyone could transform into an overnight success. But these millennial scammers have proven that until we start valuing expertise and honesty at the same level as we do a good aesthetic, we’re not providing new opportunities to anyone but those willing to lie their way to the top. Right now, the path to Silicon Valley or Instagram success demands a “fake it ‘til you make it” approach. So really, the question shouldn’t be “why are there so many millennial scammers”. It should be “why aren’t there more?”
Images: @coachkrystal_; @betches / Instagram
We’re mere months into 2019, and already this year is shaping up to be messier than my IG stories after 12am. If you haven’t been paying attention, then I’m of course referring to the unprecedented amount of scam scandals that have fed my will to live the media cycle over the past few months. First, the Fyre Festival documentaries dropped, and I’ve never felt more alive than I did watching a bunch of rich millennials resort to looting and petty thievery for a roll of toilet paper. Then Aunt Becky got caught bribing colleges because her daughter wanted to go to frat parties at USC, and now HBO just dropped a new documentary about disgraced CEO/Silicon Valley “It Girl” Elizabeth Holmes. While these scams aren’t a great look for humanity as a whole, let me just tell you, they are GREAT for my Friday night binge-watching. But all of this makes me wonder: is 2019 the year of the scam?
To be fair, most of the aforementioned scams didn’t actually take place in 2019. But while most of these scandals started hitting the news cycle in 2018, we’re seeing the fallout from said scandals right now in the form of bingeable documentaries and docu-series. I guess it’s like the old saying goes: “one person’s trash catastrophic f*ck-up is another person’s treasure.”
So the question remains: Why is 2019 acting like my ex who texted me “you’re the one who got away,” and then once I responded in kind, followed up with “oops wrong number”, leaving me feeling bamboozled, hoodwinked, and led astray? What is it about this particular year that is making scammers come out of the woodwork left and right?
Well, I have some theories.
*clears throat*
*stands on soap box*
First, I think we have to talk about the giant heeto in the room: our President. Trump’s Presidency opened doors for a lot of sh*t to come out, and I fully believe one of those doors was scamming. I mean, the man was just investigated for scamming the American people out of a democratic election, for god’s sake!! Then there’s the fact that everything that comes out of his mouth and Twitter feed is about as factually accurate as my Outlander fanfic. It’s no wonder people think they can just lie their asses off, cheat people out of money, and not have to answer to any consequences when our own president freely admits he doesn’t pay his taxes (and that’s one of the less illegal things he’s accused of doing).
Take Elizabeth Holmes, for example. For those of you who don’t know who she is, let’s just say her scam is more dramatic than any plotline Shonda Rhimes has ever concocted. Lizzy—I’m going to call her Lizzy from here on out because I know a Lizzy and she’s also a goddamn mess, so this feels fitting—is the disgraced founder and CEO of the biotech company Theranos. Her whole thing was that she claimed to have invented a blood-testing technology that from one “pinprick’s worth of blood” could test for hundreds of diseases simultaneously. This claim made her a casual billionaire, even though her technology DIDN’T EVEN WORK. Sh*t hit the fan for our girl Lizzy when a reporter actually, like, did his job and realized that she was sitting on a literal throne of lies. I mean, what does it matter if this “world-changing” technology works or not as long as you’re making billions, amiright, Lizzy?
the first red flag should have been the name Theranos sounding like a villain in a Captain Marvel movie
— Danny Murphy (@kashmeredanny) March 19, 2019
It’s this sense of bald-faced lying and entitlement that got Lori Loughlin in trouble as well. I think I speak for all of us when I say that the college admissions scandal is the gift that keeps on giving. And by “gift that keeps on giving” I am of course referring to Olivia Jade, Aunt Becky’s daughter and the reason she bribed a college at all.
Look, do I think Aunt Becky went into this scandal thinking, “Well, if the leader of this country can be a scam artist, so can I”? No, I don’t. But I do think there’s this underlying understanding in our country that as long as you’re white and rich, you can get away with a lot, including lying and fraud.
And since my therapist says I can’t blame Trump for everything bad that happens (blergh), I guess we as a collective people have to take some responsibility for all of this. We’ve become a country that prides itself on being ostentatious, outrageous even. The more insane you act, the more followers you get, and then the more sponsorship deals you land and the more money you make.
Nobody understood this philosophy of “acting ostentatious = getting money” better than fake socialite and real scammer Anna Delvey. Through the powers of white privilege, sheer confidence, and determination (and check fraud), she was able to convince Manhattan’s richest millennials that she was one of them. Just by flashing cash here and there, she got people to cover her bills for fancy dinners, parties, and even a $60-grand vacation. Her friends never questioned that she was rich and could pay them back, because she seemed to constantly have cash—until she didn’t. But Anna wasn’t content to just live the high life; she upped the ante even further and tried to start a “foundation” (that was really just a glorified art gallery/Magnises clubhouse). She attempted to raise $25 million for her fake foundation, and she got pretty close! She even got linked up with respected venture capitalists, who vouched for her finances even though they knew next to nothing about her. All they knew was that she wore designer clothes and seemed to know what she was talking about, and they filled in the blanks about her net worth and legitimacy. And she almost got away with it!
To me the craziest thing about this Anna Delvey story is the fact that the Vanity Fair girl had a credit card limit of OVER $60K
— Betches (@betchesluvthis) June 1, 2018
And look at Billy McFarland, the creator of the greatest music festival there never was. Do I think Billy went into Fyre Festival thinking this would all just be one big scam? Maybe not consciously, no. That doesn’t change the fact that he did actually scam people out of a lot of money. Like the chill $2.8 million he’s been ordered to pay back to all the people he duped into showing up at his 2017 Hunger Games. And if you’re thinking to yourself “Well, Billy got what he deserved in the end”, I ask you, did he really? Sure, he got a six-year jail sentence, but he also gained infamy and a prominent feature in a Hulu documentary (which he got paid for), and that, my garbage friends, is priceless. Think about it. The Fyre Festival happened TWO years ago and we’re still talking about it, talking about Billy, who he is and why he is the way he is. And while I don’t think Billy went into Fyre Fest thinking he would gain infamy in quite this way, I do think that quest for fame and likes is what drove some of his actions.
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Fyre Festival hero Andy King has seen the memes, and he has a message for the fans – link in bio
It’s certainly what drove him to continue scamming people WHILE HE WAS OUT ON BAIL. And you know what? People are eating this sh*t up. They’re buying memorabilia from the festival, using memes of Andy King’s face to lament bad dates, and they’re doing this because they love the scam. It’s hilarious and ridiculous and even though it hurt a lot of people and screwed a lot of people over, we still want to be a part of it. That’s why we will listen to The Dropout podcast and watch the HBO documentaries. It’s why we watched two documentaries on the same topic, and read an article in The Cut that was about 9 days long. It’s because we love a good scam—so long as it’s happening to other people.
So, there you have it. 2019 is officially the Year of the Scam. But the scam year didn’t just happen over night; it’s been years of buildup to get us to where we are today. Trump’s presidency may have opened the door to let people get away with way more sh*t than they would have previously (*cough* white supremacy), but with that came the equal and opposite reaction of calling people out on their sh*t—whether that be your racist uncle at the Thanksgiving table or the people running our country. And you know who we’re especially calling out in 2019? The rich and powerful. With the exception of Elizabeth Holmes, all these scammers were rich and famous or scheming to be rich and famous, so we don’t feel bad for them, not really. In fact, we actively root against them. We don’t want to just watch the mighty fall, we want to watch them crash and burn and then keep the burning carcass of their worst mistakes alive for all eternity in the form of a very shareable meme.
Which brings me to my second point: the media. Ten years ago, if the Fyre Festival—or any of these scandals, for that matter—had happened, it would have been a blip on our radars. Before Instagram and social media and news story roundups sent directly to your phone, I used to get my news from, like, The Today Show. And that’s only because my mother refused to see the merit in letting me watch reruns of The Fresh Prince of Bel-Air while I trying to down my Eggos before school! I might have heard about the Lori Loughlin thing, but only if my mom called me up to personally tell me about it. Now, though, it’s impossible not to keep up with these stories. You can watch the Fyre Fest disaster play out in real time, then head over to IG where someone has inevitably made a meme out of someone else’s misfortune. Just when the scandal might die down, bam! Any streaming service suddenly has the rights to the story and has made a movie out of it. And don’t forget the podcasts! My point is, there have definitely been stories about scam artists in the past, but 2019 has amped up the stage for their scams. We’re not just consuming stories anymore, we’re immortalizing them.
So whether the Year of the Scam came to be because of our country’s leadership, the timing of the media, or if it’s just because the American people are flaming piles of garbage who live for messy drama, I can’t definitively say. I can say that if you need me, I’ll be on my couch watching whatever train wreck Netflix recommends to me next. That’s just how the cookie crumbles, people!
Images: @natcpod, @betches / Instagram; @kashmeredanny, @betchesluvthis / Twitter