Fashion Startup Founder Pleads Guilty in $300 Million Fraud Case
The founder of fashion-rental and technology company CaaStle Inc. pleaded guilty to vastly inflating revenue figures to defraud investors who poured more than $300 million into her company.
By Bob Van Voris · Bloomberg Markets
The founder of fashion-rental and technology company CaaStle Inc. pleaded guilty to vastly inflating revenue figures to defraud investors who poured more than $300 million into her company.