In the case of SVB it wasn't fraud though, it was more poor risk management; they didn't hedge against an increase in interest rates and that, together with the bank run when people learned about it, killed them. But yeah, the common pattern is failure.
They've got it rigged so the house wins though. The secret is crime, know theirs and do some yourself and you get to run the house until they need a fall guy.
Forbes isn't handing out a kiss of death. Forbes is just a publication gushing about the headliners of a rapacious and fraudulent group of people. It's like wondering why a bakery smells like bread.
There was a meme in Germany during Chancellor Merkel's time in office. As soon as Merkel "expressed her utmost confidence" in someone, that person resigned shortly afterwards.
Not getting explicitly into "capitalism bad," but yeah, anytime someone becomes a billion dollar property overnight you should assume it's a scam or a crime.
Destroyed the country's income by privatizing oil, raised poorness to 60% unemployment to 70% worked with the literal drug cartel until his candidate got fucking murdered during the emergency election, which BTW was called after the government got dissolved because of Pandora papers leaks