He lived the high life in the West Loop but now has pleaded guilty to fraud. Investor John Stafford III and real estate exec Patrick Buck are among those who say they were victims of his schemes.
He’s accused of conning prominent Chicago businessmen including John Stafford III and Patrick Buck into investing millions but spending the money on fancy cars, real estate and vacations.
Warning: these numbers may bring on a sweat!
Israel held fast to its title, “Startup Nation”, in 2020 as the world looked in amazement at a 55% jump in high-tech exits. With a record $15.4 billion in exits, the nation proved its resilience and innovation even amidst the coronavirus pandemic.
A strong majority of the exits during 2020 were represented by initial public offerings (IPO), represented by some 19 Israeli tech firms. Leading were Lemonade Inc., JFrog, and Nano-X.
Let’s look deeper into Lemonade.
Lemonade Inc. is an American insurance company that offers renters, homeowners, and pet health policies through its online and app-based platforms. It applies a clear 25% fee across all policies and focuses on a unique user experience to wow its policyholders.