Man Arrested for Raising $60 Million for AI Startup, Instead Spending It on Luxurious Lifestyle AI startup founder Alex Beckman and his wife were arrested for allegedly defrauding investors out of over $60 million.
Alleged investment-fund fraudsters charged in BrooklynFive men indicted for defrauding investors in Max Infinity Management LLC and Elder Fund Management LLC, diverting $27 million.
Walnut Creek man sentenced to seven years in prison for wire fraudAlan Anderson defrauded investors of over $8 million for his internet companies and was sentenced to more than seven years in prison.
Man Arrested for Raising $60 Million for AI Startup, Instead Spending It on Luxurious Lifestyle AI startup founder Alex Beckman and his wife were arrested for allegedly defrauding investors out of over $60 million.
Alleged investment-fund fraudsters charged in BrooklynFive men indicted for defrauding investors in Max Infinity Management LLC and Elder Fund Management LLC, diverting $27 million.
Walnut Creek man sentenced to seven years in prison for wire fraudAlan Anderson defrauded investors of over $8 million for his internet companies and was sentenced to more than seven years in prison.
Aussie AI startup boss accused of financial fakeryA former CEO of Skael is accused of fraudulently raising $40 million through falsified financial statements and misleading investor claims.