All posts tagged: Securities fraud

Fintech CEO and Forbes 30 Under 30 alum has been charged for alleged fraud

Fintech CEO and Forbes 30 Under 30 alum has been charged for alleged fraud

By now, the Forbes 30 Under 30 list has become more than a little notorious for the amount of entrants who go on to be charged with fraud. Notable alumni include FTX founder Sam Bankman-Fried, Frank CEO Charlie Javice, Joanna Smith-Griffin, founder of the AI startup AllHere Education, and “pharma bro” Martin Shkreli, among others. Now, another member of the list has been hit with federal charges. Gökçe Güven, a 26-year-old Turkish national and the founder and CEO of fintech startup Kalder, was charged last week with alleged securities fraud, wire fraud, visa fraud, and aggravated identity theft. The New York-based fintech startup — which uses the “Turn Your Rewards into [a] Revenue Engine” tagline — says it can help companies create and monetize individual rewards programs. The company was founded in 2022, and offers participating firms the opportunity to earn ongoing revenue streams via partner affiliate sales, Axios previously reported. Güven was featured in last year’s Forbes 30 Under 30 list. The magazine notes in the writeup that Güven’s clients included major chocolatier Godiva …

Trump to pardons ex-Puerto Rico governor Vázquez

Trump to pardons ex-Puerto Rico governor Vázquez

Puerto Rico Governor Wanda Vazquez speaks at a news conference in San Juan, Puerto Rico Jan. 19, 2020. Ricardo Arduengo | Reuters President Donald Trump plans to pardon former Puerto Rico Gov. Wanda Vázquez, a White House official said Friday. Vázquez pleaded guilty last August to a campaign finance violation in a federal case that authorities say also involved a former FBI agent and a Venezuelan banker. Her sentencing was set for later this month. Federal prosecutors had been seeking one year behind bars, something that Vázquez’s attorneys opposed as they accused prosecutors of violating a guilty plea deal reached last year that saw previous charges including bribery and fraud dropped. They noted that Vázquez had agreed to plead guilty to accepting a promise of a campaign contribution that was never received. Attorneys for Vázquez did not immediately respond to requests for comment. The official who confirmed the planned pardon indicated Trump saw the case as political prosecution and said the investigation into Vázquez, a Republican aligned with the pro-statehood New Progressive Party, had begun 10 days …