Los Angeles Times
3 months agoSHE Beverage Co. CEO accused of defrauding investors, spending at Gucci and Louis Vuitton stores
The CEO of a women-focused beverage company has been charged with operating a fraudulent scheme that raised over $13 million from investors.
Prosecutors claim that the CEO spent the majority of the funds on luxury items and gambling at casinos instead of using them for the business. [ more ]