Another assumption. Do you actually know they did a background check? Or are you just making that up? And there have been many people that have "lectured", spoken to, met with, been a member of, the Federal Reserve, congress, the senate, the white house, that had been or were arrested, charged, indicted, investigated, resigned, ...
So not sure that speaking to the Federal Reserve in and of itself establishes anything about Berry's background any more then advising 5 companies that have no value or are bankrupt does. Or maybe the Fed just didn't check his resume.
But, we debate this for no reason. One of my favorite football coaches was Bill Parcells and he had an expression I liked. He said, you are what your record says you are. So, to apply here, you are what your stock price says you are.
USPR was .33 when they announced Berry had become an adviser to the ceo. Today, uspr traded at .1285. USPR is down 60% since they announced Berry as an adviser. Who cares what his background is.
This post is my opinion and should not be used as investment advice.