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Christine Hunsicker, Founder of clothing-rental firm CaaStle, was arrested for cheating investors of $300 million (about ₹2,600 crore). She falsified audit reports, bank records and corporate documents to convince investors of her company's health when it was going bankrupt. In one case, she gave fake screenshots to an investor showing $200-million available cash when CaaStle had under $200,000.
short by Ashley Paul / 04:24 pm on 21 Jul
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