Mar. 19 at 2:57 PM
$ROOT
ROOT is a publicly traded financial institution and should have a culture of integrity and competence, but the truth is the opposite. A low-level manager was able embezzled over 3% of revenues with no notice for a year. A marketing guy!!. Same crooked culture now, just look at the bull posts claiming criminal conspiracy of the CEO.
“A former marketing executive for Root will spend more than four yrs in prison for embezzling more than
$10.2 million.
Brinson Caleb "BC" Silver, 43, spent the money on, among other things, homes in California and Florida, a
$1.4 million yacht and an amphibious plane.
U.S. District Judge Edmund A. Sargus, Jr. sentenced Silver to (4 years, 3 months) in prison. He pleaded guilty in November to wire fraud and contempt of court, and agreed to pay back the millions he stole.
Silver was Root's chief marketing officer from November 2021 through November 2022.
Unbelievable incompetence
$LMND
