F: Founder Of Goldman Sachs-backed Slync charged with $67m fraud
FORBES reports: Updated: Chris Kirchner, the founder of Slync, a $240 million logistics software company backed by ...
Remember Slync? The LogTech company that had raised, of course, more than $80m from investors who believed it could and would streamline logistics. We’ve all heard that before. But Slync’s case is different: the founder and CEO has now been charged with fraud. The SEC has accused Chris Kirchner of fraudulently selling more than $67m-worth of securities, and is accused of taking $28m for personal benefit. Meanwhile Slync’s employees were not paid. A shocking story. Forbes reports.
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