CaaStle CEO Christine Hunsicker Confessed to Fraud, Board Retained Her

The final months of fashion tech startup CaaStle were marked by fake audits and stock buybacks, with CEO Christine Hunsicker confessing to fraud but being allowed by the board to remain in charge.

7 Jun, 09:00 — 7 Jun, 09:00

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NYTMostly Factual91d ago

Christine Hunsicker, CaaStle CEO, Confessed to Fraud. The Board Let Her Stay in Charge.

The final months of the fashion tech start-up CaaStle included fake audits, stock buybacks and a damage control strategy led by the chief executive who defrauded it.

By Anita Raghavan

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CaaStle CEO Christine Hunsicker Confessed to Fraud, Board Retained Her

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Christine Hunsicker, CaaStle CEO, Confessed to Fraud. The Board Let Her Stay in Charge.

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