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Ilit Raz, CEO and founder of now-shuttered Joonko, was charged with defrauding investors of at least $21 million by making false and misleading statements about the company.
US Securities and Exchange Commission charges Joonko founder and CEO Ilit Raz with inflating company data to secure funds from investors; New York Attorney's Office launches criminal investigation against her
The former chief executive officer of closed AI recruitment startup Joonko faces up to 40 years in prison and the potential of penalties levied by the Securities and Exchange Commission for allegedly defrauding investors of more than $27 million.