NIRAJ Shah is a billionaire businessman who is the CEO of Wayfair.
Here is more on the controversy surrounding the e-commerce company that sells furniture and home-goods.
Niraj Shah attends the fourth day of the annual Allen & Company Sun Valley Conference in Sun Valley, Idaho, in 2017[/caption]
Niraj Shah poses for a portrait in Boston on Feb. 22, 2017[/caption]
Who is Niraj Shah?
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.
Unfounded child sex trafficking conspiracy theories have run wild on social media[/caption]
Why do people think Shah has stepped down as CEO of Wayfair?
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.
What are the child trafficking conspiracy theories circulating on Twitter and Reddit?
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.
Niraj Shah arrives for a morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho in 2018[/caption]
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.”
What did Wayfair say?
The company said in a statement that “there is, of course, no truth to these claims.”
Shah in Boston in 2017[/caption]
“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.”
What is the Boys & Girls Club and why do fans think Shah is connected?
The Shah Family Foundation is partnered with the Boys & Girls Club of America.
The SFF is a non-profit organization based in Boston.
Steve Conine and Niraj Shah pose for a portrait at their desks at the Boston headquarters of Wayfair on July 31, 2018[/caption]
Niraj Shah is a board director, and wife Jill Shah is the president.
There have been claims of child sexual abuse at chapters of the Boys & Girls Clubs of America across the nation in recent years.
Reports of sexual abuse have surfaced at Boys & Girls Clubs in Connecticut, New York, New Hampshire, Virginia, Illinois, Oregon, Nevada, California, and Hawaii, according to The Associated Press.
MOST READ IN NEWS
'JUST AN ACCIDENT'
Naya's lake disappearance NOT suicide cops say after chat with son, 4
Mom, 24, shot dead ‘after telling BLM protesters “all lives matter”'
What are the Wayfair conspiracy theories about child trafficking circulating Twitter?
TAKEN FOR A RIDE
'Eco-warriors' Prince Harry & Meghan Markle drive off in gas-guzzling SUV
UP IN SMOKE
US Navy warship will ‘burn for days' as helicopter battles massive blaze
Girl, 17, dies after mom took her to church’s ‘catch Covid’ party
Who is Bill Hutcherson and how is he connected to Shah?
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.