Another thing you tend to notice about this type is that they often don’t give up on the lie. When most of us get caught red-handed, we slump our shoulders in defeat. All that is left to do is feel shame, say we’re sorry, and hopefully be forgiven. But this type of person who lies compulsively will continue even when the cat is out of the bag.
Billy McFarlane of Fyre Festival, and for me, for instance, ran a second scam while he was out on bail. He offered his email list for the Fyre Festival tickets to the Grammys, to meet & greets with celebrities like LeBron James, of course, which he had no access to if they would just send him some money.
Now listen to what Elizabeth Holmes told investors just a month before Theranos shut its doors after she had been barred from holding a position as an officer of a public company by the SEC. In a letter to shareholders that day, she basically explained that the company would likely be liquidated by the end of July. Wow. But the interesting thing is that she is telling people that she is going to start a new company. Oh my god, that is so deranged.
That’s right. Even after being convicted of securities fraud and with criminal charges pending, Elizabeth maintained the idea that she would be running a company soon. And again, this just goes to illustrate that this type has a very different relationship with the truth. Image takes precedence over external reality, and it seems to happen effortlessly.
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