• 11/25/2024

SEC Charges Founder of AI-Powered Hiring Startup Joonko With Fraud

Wall Street Journal

The regulator alleges Ilit Raz told investors that the firm had more customers than it actually had and gave them fake testimonials, false bank statements and forged contracts.

https://www.wsj.com/articles/sec-charges-founder-of-ai-powered-hiring-startup-joonko-with-fraud-b80b0501