Tech CEO Off to Jail for Cooking the Books
The wave of tech fraudsters landing in the slammer rolls on. Elizabeth Holmes of Theranos infamy, crypto hustler Sam Bankman-Fried … and now Manish Lachwani, the ex-CEO of HeadSpin, an analytics startup he co-founded. Lachwani inflated his company’s worth and misled venture capitalists (VCs) hungry to invest in the firm by controlling all financial decisions. […]