Fashion-Tech CEO Allegedly Defrauded $300,000,000 From Investors Through Fabricated Documents and False Claims: DOJ

2025-07-21 17:26:56

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The U.S. Department of Justice (DOJ) is charging a fashion tech CEO for allegedly defrauding investors of hundreds of millions of dollars by lying about its profits. In a new press release , the DOJ says it’s charging 48-year-old Christine Hunsicker of New Jersey – the CEO and founder of clothing tech firm CaaStle – with numerous crimes after she allegedly forged documents to make it appear as if the firm was financially healthy. Authorities say that Hunsicker knew that CaaStle was in financial ...

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Regulators Scams, Hacks & Breaches CaaStle crime Crypto DOJ fraud News regulators

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