Joe Miller / Financial Times:

The US SEC sues former IRL CEO Abraham Shafi, accusing him of a $170M fraud by misleading investors about the company's growth and concealing personal expenses  —  Abraham Shafi allegedly hoodwinked backers and spent millions of dollars on personal expenses  —  NEW

Joe Miller / Financial Times:

The US SEC sues former IRL CEO Abraham Shafi, accusing him of a $170M fraud by misleading investors about the company's growth and concealing personal expenses  —  Abraham Shafi allegedly hoodwinked backers and spent millions of dollars on personal expenses  —  NEW

Source: TechMeme
Source Link: http://www.techmeme.com/240731/p43#a240731p43