Vivek Ramaswamy, billionaire and former Republican presidential candidate, is under fire as social media explodes with accusations of financial misconduct. Critics claim Ramaswamy profited massively from a pump-and-dump scheme involving a failed Alzheimer’s drug, leaving investors in financial ruin.

The allegations focus on Ramaswamy’s pharmaceutical company, Roivant Sciences, which was touted as a biotechnology innovator. Instead, detractors argue, the company primarily acted as a financial vehicle. One of its most high-profile projects, Axovant, revolved around an Alzheimer’s drug that Ramaswamy acquired for $5 million. The drug became the cornerstone of a public relations blitz, pushing the company’s valuation to $2.2 billion before its eventual collapse.

Ramaswamy has attempted to deflect criticism by positioning himself as an advocate for STEM education and “meritocracy.” However, his detractors argue his career contradicts these values. One user wrote, “Vivek Ramaswamy scammed $2 billion with a failed Alzheimer’s drug and is now lecturing Americans on how hardworking Indians are. I urge Donald Trump to open an investigation and deport him to India.”

  • captainlezbian@lemmy.world
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    5 days ago

    I believe when it’s a citizen it’s called exile, not deportation, and I’m pretty sure it’s against international law.

    • tacosanonymous@lemm.ee
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      5 days ago

      That is a semantical difference if true.

      Generally, natural born citizens can’t be deported unless they do a treason or intentionally fuck off to another country.

      • captainlezbian@lemmy.world
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        5 days ago

        Not really. Deportation is saying “we were letting you in here under x conditions and those have changed and you’re no longer welcome.” Exile is a traditional punishment of “you were one of us but we no longer can tolerate your presence, get out or else.” And yeah I’m pretty sure the united states doesn’t have the legal capacity to sentence someone to exile, and we definitely don’t have the legal capacity to deport natural born citizens (though we do sometimes do it, it’s just illegal when we do).

        Also is Ramaswamy even a citizen of India? And if so, are the people calling for him to be deported there aware of that?

        • Sprocketfree@sh.itjust.works
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          5 days ago

          I guess I don’t have much faith in any body of law right now. What is the ICC gonna punish the trump admin when they can’t even throw a guy commuting genocide in prison? These international laws mean less and less by the day sadly.