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Fashion tech firm founder charged in US with $300 million fraud scheme

( July 18, 2025, 19:59 GMT | Official Statement) -- MLex Summary: Christine Hunsicker, founder of the fashion technology firm CaaStle, was charged with wire fraud, securities fraud, money laundering, making false statements to a financial institution and aggravated identity theft stemming from an alleged scheme by the defendant to defraud investors in the business and a related venture out of more than $300 million through false statements, misleading claims and fabricated documents.Statement follows below. Document attached....

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