WE TOLD YOU SO: The Coming End of Vice Media & Click Bait?

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Shane Smith at TechCrunch - CC

Shane Smith at TechCrunch – CC

GotNews.com has been tracking the serial fraudster Shane Smith, the CEO of Vice Media, for some time now. And now his business is starting to implode just as we told you it would.

Everything Smith had told about his past is a lie — including war time correspondent status — but he’s still managed to con Rupert Murdoch and Bob Iger into investing in Vice Media. Well done, Shane, but the truth catches up to every con man.

Smith even sent the late drug addict (and New York Times columnist) David Carr to come at me with a rather haphazard hit piece that compared yours truly to a creature from Ghost Busters 2. Joke’s on Carr because he died shortly thereafter.

Of course Smith’s personal fraud is worth mentioning now that Vice Media is imploding, thanks to a total collapse of their business model that’s seen one of their top guys exit less than a year after he started.

Variety rightly compared the company to a “mortgage-backed security.”

Just look at this graph which shows the implosion.

We wonder if Smith will be so lucky as to avoid prosecution for what is clearly fraudulent financial behavior on his part.

The media reporters, including Joe Flint of the Wall Street Journal, looked the other way.

But Michael Cernovich and I were on to the fraud early.

Whither BuzzFeed? With Gawker on the ropes and Vice Media dying we can only hope.

Let’s make the Internet great again and get rid of cat pornography.

The end is coming, Rosie.