The final months of the fashion tech start-up CaaStle included fake audits, stock buybacks and a damage control strategy led by the chief executive who defrauded it.
Business
·
Christine Hunsicker, CaaStle CEO, Confessed to Fraud. The Board Let Her Stay in Charge.
CN
CitrixNews Staff
Originally reported by New York Times. Read the full story at the original source.
Related Articles
Business
The AI bubble has further to run despite the looming crash
As tech firms make huge profits and investors fear losing out, both are doing their best to hold off the day of reckonin...
CitrixNews Staff
·
2 hours ago
Business
Free summer holiday sport sessions offered in city
Image source, Everyone ActiveImage caption, The scheme will visit green spaces around Sheffield, with free food and drin...
CitrixNews Staff
·
4 hours ago
Business
Advertisers Are Good at Getting Human Attention. Can They Stand Out to A.I.?
At Cannes Lions, marketers grappled with how to influence A.I. chatbots.
CitrixNews Staff
·
5 hours ago
Business
A surprisingly strong summer box office could mean Hollywood's first $10 billion year since the pandemic
Hollywood is having its best summer since before the pandemic, and that hot streak is putting the annual box office on p...
CitrixNews Staff
·
5 hours ago