Klaus Schwab is now under investigation by the WEF, the very organization he founded, for financial fraud and ethical misconduct just a day after stepping down.

Grok: Yes, it is true that Klaus Schwab, the founder of the World Economic Forum (WEF), is under investigation by the organization following allegations of financial and ethical misconduct, announced shortly after his resignation as chairman on April 21, 2025. Multiple sources, including Reuters, The Wall Street Journal, and Yahoo Finance, report that the WEF launched a probe into Schwab on April 22, 2025, prompted by a whistleblower letter. The letter, sent anonymously to the WEF's board, raised concerns about governance and workplace culture, specifically alleging that the Schwab family improperly mixed personal affairs with the forum's resources without adequate...