Did Niraj Shah stepped down amidst child trafficking " WayFair"

 Niraj Shah poses for a portrait in Boston on Feb. 22, 2017

NIRAJ Shah is a billionaire businessman who is the CEO of Wayfair.

Shah is CEO and co-chairman of Wayfair after co-founding the company with Steve Conine in 2002.

The company generated $9.5billion in net revenue for the twelve months ending March 31, 2020, according to Shah's online bio.

"Niraj has been included in Fortune Magazine's 40 Under 40, and has won the Ernst and Young's Entrepreneur of the Year award," his bio reads.
"He also serves on the board of Massachusetts Competitive Partnership, the Greater Boston Chamber of Commerce, and the Federal Reserve Bank of Boston."

Shah lives in Boston with his wife and two children.

The company has been plagued by unfounded child sex-trafficking accusations on social media, but Shah remains in his post.

The conspiracy theory had led many people to believe that Shah had resigned.

 Unfounded child sex trafficking conspiracy theories have run wild on social media

The cabinets listed for sale on the company's website actually contained missing children - according to speculation by a Reddit user.

"Is it possible Wayfair involved in Human trafficking with their WFX Utility collection?" redditor PrincessPeach1987 wrote on Thursday, according to Newsweek.

"Or are these just extremely overpriced cabinets? (Note the names of the cabinets) this makes me sick to my stomach if it's true."

The user pointed out that the products were named Neriah, Yaritza, Samiyah and Alyvia, and that they cost between $12,699.99 and $14,499.99.

There was no evidence presented of any wrongdoing, but the allegation was turned into a frenzy on Twitter.

"They’ve named these over priced cabinets after missing children ...cause they are selling children," one user wrote Saturday.

"Child sex trafficking and Organ trafficking right in plain sight ...this is how the elites do things right in your face. #wayfairgate #Wayfairtrafficing."
Wrote another: "this #wayfairgate s*** is unbelievably disturbing. an investigation needs to happen today i mean right now this minute becuz these kids can still be saved."

"The products in question are industrial grade cabinets that are accurately priced.

"Recognizing that the photos and descriptions provided by the supplier did not adequately explain the high price point, we have temporarily removed the products from site to rename them and to provide a more in-depth description and photos that accurately depict the product to clarify the price point."

The Shah Family Foundation is partnered with the Boys & Girls Club of America.

The SFF is a non-profit organization based in Boston.

Ghislaine Maxwell with the President of Operations at Wayfair, Bill Hutcherson.

A Twitter user speculated that a man pictured with Ghislaine Maxwell was Wayfair employee Bill Hutcherson.

Maxwell was recently arrested for sex trafficking and she is accused of luring underage girls for registered sex offender Jeffrey Epstein.

There does not appear to be a record of a Bill Hutcherson working for the company, and the claim made in the tweet has been widely debunked.

Did Niraj Shah stepped down amidst child trafficking " WayFair" Did Niraj Shah stepped down amidst child trafficking " WayFair" Reviewed by Anson Moore on July 14, 2020 Rating: 5

No comments:

Powered by Blogger.