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September 18, 2020 05:29 pm GMT

Amid layoffs and allegations of fraud, the FBI has arrested NS8s CEO following its $100 million summer financing

The tagline from today’s announcement from the United States Attorney’s office for the Southern District of New York says it all: “Adam Rogas Allegedly Raised $123 Million from Investors Using Financial Statements that Showed Tens of Millions of Dollars of Revenue and Assets that Did Not Exist”. Rogas, the co-founder and former chief executive and […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Ay60kLpZ4qk/

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