24 C
New York
Sunday, May 28, 2023

Previous Start-up Business’s CFO Indicted In Alleged ‘Secret’ Transfer of $35M

The previous CFO of a personal start-up business has actually been arraigned on wire scams charges in Seattle federal court for supposedly moving $35 million from the business to a recently established cryptocurrency platform he owned, understanding the platform might’ve possibly enjoyed 20% returns on the cash, according to the indictment.

Within weeks, however, the accused, Nevin Shetty, lost essentially all of the start-up business’s $35 million in the supposed cryptocurrency-venture plan. And just then did Shetty inform the executives of the business what he ‘d done, the indictment states.

Related Articles


Please enter your comment!
Please enter your name here

Latest Articles