Washington: Indian-origin former CEO of a technology company ke thurishe US khan para aro tai ke fraud kura nimete investors khan ke USD 80 million startup’s revenue toh uporte kura nimete aro dusra key financial metrics nimete thakishe.’
Manish Lachwani, 45, co-founder and former CEO of Headspin, ke Wednesday din te thurishe etu bi tai laga sal fundraising te tai laga mobile app nimete stemming kura te thakishe.etu khobor toh department of justice para koikena janaidiya thakishe.
federal complaint te koikena janaishe 2015 to March 2020, Headspin ke mobile app testing platform para komti hoilebi investors khan laga haath para USD 100 million uporte uthaishe.
Etu charges toh fundraising samay laga para shuru kurishe ato etu pichede November 1 2019 te etu bi luachwani para kokena janaishe false revenues nimete key financial metrics company te.
Complaint hisaab te etu review te koikena janaishe Headspin”s cumulative revenues inception para first half 2020 te komti hoilebi USD 26.3 million te thakishe USD 95.3 million company para ola te nohoikena.
Lachwani toh ekta charge face kurishe wire fraud nimete aro ekta toh securities fraud nimete aro duita charges toh komti hoilebi 20 sal penalty ase.tai laga first hearing nimete darek toh olanai.
Add Comment