The chief executive of a beverage company marketed to women was charged by a federal grand jury of operating a fraudulent scheme that raised more than $13 million from investors but prosecutors say the majority was spent on luxury items and more than a million spent at casinos.
Rose raised more than $13.5 million from more than a thousand investors across the U.S. but instead of using the funds for the business, she spent the money on herself, prosecutors claim.
[
add
]
[
|
|
...
]