Founder Of Goldman Sachs-Backed Tech Company Slync Is Charged With $67 Million Fraud

in July. The report detailed how Kirchner had misrepresented Slync’s finances to the board, and fired executives who had raised concerns about his alleged misconduct.

In one episode detailed by the DOJ, Kirchner texted a Slync employee that he was transferring investors money into an “investor account and a “chase” account, and instructed the employee to approve the wires. Instead, $20 million of Slync’s funds were transferred to his personal account. Kirchner then told his private bankers via an email that the $20 million was a distribution “from my company” — a transfer that had not been approved by the board of directors.

why do I want to say 'surprise, surpise'?

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

FBI Raids Home Of Former CEO Of Goldman Sachs-Backed Tech Company SlyncFBI agents raided the home of Chris Kirchner, the former CEO of a Goldman Sachs-backed logistics software company Slync. Must be a Republican.
Herkunft: Forbes - 🏆 394. / 53 Weiterlesen »

Goldman Sachs says buy Palo Alto Networks as the cybersecurity company diversifies its businessGoldman's price target implies the stock could gain 23.3% over the next 12 months.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Stocks to buy & stocks to short: Goldman Sachs strategyGOLDMAN SACHS: Here are 18 stocks to buy and 7 to short for maximum market upside as recession fears fade. Pro Tip - Short GoldmanSachs and any other CentralBank on a 2008 Style Crash. 🖕🏾😂🖕🏾 Bitcoin Fix This Printed Toilet Papers Mayhem . Not Financial Advice, Tip For Life.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »