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Former MoviePass CEO admits the $9.95 ‘unlimited’ ticket scheme was fraud
https://www.theverge.com/2024/9/17/24247051/moviepass-ceo-mitch-lowe-guilty-plea-fraud
Unlimited movies were too good to be true.
https://www.theverge.com/2024/9/17/24247051/moviepass-ceo-mitch-lowe-guilty-plea-fraud
Unlimited movies were too good to be true.
Someone tell me how this is different from Amazon operating at a loss for like 20 years before ever turning a profit, or Uber undercutting taxis by subsidizing rides with investors' money...