Fashion-Tech Biz Founder Charged With $300M Investor Fraud

By Pete Brush ( July 18, 2025, 11:58 AM EDT) -- The founder of bankrupt apparel technology company CaaStle Inc. defrauded investors out of $300 million, federal prosecutors in Manhattan said Friday, unsealing an indictment charging her with using sham documents to falsely promote a "rapidly growing business" supposedly worth $1.4 billion....

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