Reported about 21 hours ago
Christine Hunsicker, the former CEO of CaaStle Inc., has been granted $1 million bail after pleading not guilty to multiple fraud charges, including allegations she deceived investors out of over $300 million since 2019. Despite previously being recognized in the fashion industry, the indictment claims she misrepresented her company's financial state and continued fraudulent activities even after her removal from the board. Hunsicker's defense contends that the prosecution's narrative is misleading, and they plan to argue her case further.
Source: YAHOO