StraightPath Execs Charged In $386M IPO Fraud Scheme

By Henrik Nilsson (November 29, 2023, 11:05 PM EST) -- Three principals of private equity firm StraightPath Venture Partners have been indicted in New York federal court on charges they raised $386 million by defrauding over 2,000 investors through false promises about purchases of pre-IPO shares in private companies, according to a Wednesday statement from the U.S. Department of Justice....

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