Alexander Beckman, founder of the AI startup GameOn Technology, and his wife, Valerie Lau Beckman, were indicted on 25 charges, including conspiracy and wire fraud, for allegedly defrauding investors of $60 million over six years. The couple faces potential sentences exceeding 60 and 80 years, respectively, and must forfeit assets gained through the scheme. The indictment details a complex web of financial deception, including exaggerated revenue figures, forged documents, and personal use of investor funds for expenses like a $4.2 million home and a Tesla Model X.
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The 560-pound Twitter sign met a fiery end in a Nevada desert
Earlier this year, the iconic 12-foot Twitter sign was auctioned for $34,000 and subsequently blown up in the Nevada desert by Ditchit, a startup aiming to rival platforms like Facebook Marketplace. The stunt, framed as a bold marketing move, involved extensive logistics, with fragments of the sign now set for sale on their app, with proceeds benefiting a nonprofit supporting startups. Need More Context? 🔎
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