BUSINESSJun 8 · 19:24 UTCNY POSTTaylor Herzlich

Fashion tech startup CEO kept job for 3 months after $283M fraud scheme exposed: report

The CEO of fashion tech startup CaaStle defrauded investors out of $283 million. The board discovered the fraud but allowed her to remain as the top executive for three months.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

CaaStleorganizationCaaStle CEOpersoninvestorstopicfashion tech startuptopic

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

BUSINESSApr 30 · 18:56 UTC
EV startup Faraday Future paid $7.5M to company tied to founder Jia Yueting
BUSINESSApr 18 · 00:47 UTC
Tech CEO accused of running $420M AI business scam
SECURITYJul 24 · 14:52 UTC
Arizona Woman Sentenced for $17M Information Technology Worker Fraud Scheme that Generated Revenue for North Korea
BUSINESSMay 21 · 19:48 UTC
Telecom company execs hit with $20M fraud charges in first case of self-reporting
POLITICSMay 4 · 19:23 UTC
Disgraced Dem cut off from doing business with government after alleged ‘outright fraud’ uncovered
SECURITYApr 9 · 19:33 UTC
After data breach, $10B valued startup Mercor is having a month