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235 The FBI is investigating a startup founder accused of spending $5.5 million in VC funding on a house and Caribbean wedding

Startups News
Daniel Levi @ Startups News 1 place · today 16:34 EDT

The FBI is investigating a startup founder accused of spending $5.5 million in VC funding on a house and Caribbean wedding

This morning, we covered how fake investors prey on desperate startup founders. This story shows how that trust can break down in the opposite direction. According to a litigation notice released by the Securities and Exchange Commission (SEC), first reported ...

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