‘Smart Rings’ CEO Found Guilty of Running $2 Million Ponzi Scheme
The CEO of a wearable technology company has been found guilty by a jury of running a near-$2 million Ponzi scheme by duping investors through lies that she owned “smart rings” patents that rightfully belonged to her former employer, and of fraudulently obtaining $150,000 in COVID-19 pandemic business-relief loans, the Justice Department announced today.
Se muestra el contenido original; la traduccion localizada aun no esta disponible.
Qué ocurrió
The CEO of a wearable technology company has been found guilty by a jury of running a near-$2 million Ponzi scheme by duping investors through lies that she owned “smart rings” patents that rightfully belonged to her former employer, and of fraudulently obtaining $150,000 in COVID-19 pandemic business-relief loans, the Justice Department announced today.
Por que importa
The proceeding may create legal precedent, financial exposure or operating constraints for Regulation.
Entidades afectadas
Ver evidencia
1 articulos · 1 informe original · 1 independientes
- U.S. Department of JusticeFuente primaria · Respalda · EN · 100%‘Smart Rings’ CEO Found Guilty of Running $2 Million Ponzi Scheme ↗
Afirmaciones
- ‘Smart Rings’ CEO Found Guilty of Running $2 Million Ponzi Scheme Observado
Conflictos
No se detectaron conflictos importantes en la evidencia disponible.
Cronología
- Primera publicación
Movimiento del mercado posterior al evento
La reacción del mercado aún no está disponible para este activo y periodo.