Fashion tech executive arrested for alleged $300 million fraud
Roy Rochlin/Getty Images (NEW YORK) -- Christine Hunsicker, the founder of clothing-rental company CaaStle, was arrested Friday on federal fraud charges accusing her of cheating investors out of $300 million.Federal prosecutors for the Southern District of New York said that Hunsicker misrepresented CaaStle’s financial performance to investors, allegedly making false revenue projections of hundreds of millions of dollars and falsely claiming to have hundreds of millions of dollars in cash […]