Alexander Beckman, the co-founder and ex-CEO of the AI startup GameOn, is facing serious legal issues after being indicted along with his wife, Valerie Lau Beckman, for allegedly defrauding the company and its investors out of over $60 million. The charges against the couple, including wire fraud, securities fraud, identity theft, and obstruction of justice, stem from a federal investigation that unveiled their fraudulent activities. They allegedly faked revenue reports, inflated bank balances, and even impersonated multiple professionals to gain fraudulent investments, putting GameOn, now ON Platform, in jeopardy.
Federal prosecutors announced a 25-count indictment of Alexander Beckman and his wife Valerie on charges of extensive fraud, including bilking their AI startup GameOn out of $60 million.
The Beckmans allegedly fabricated revenue statements and inflated account balances, deceiving investors and impersonating officials from banks and accounting firms to bolster their fraud.
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