fromBusiness Insider
4 hours agoThe FBI is investigating a startup founder accused of using VC money to pay for her house and a Caribbean wedding.
In a civil complaint, the SEC has charged Luckey with violating securities laws for using millions of dollars of company funds to pay for her home, Super Bowl tickets, and a destination wedding in the Caribbean. The SEC alleges she painted a rosy picture of the company's booming revenue when ComplYant never brought in more than $620 in monthly revenue.
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