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The FBIunsealed an bill of indictment yesterdaythat allege Joanna Smith - Griffin , founder of the AI startup AllHere Education , engaged in “ security department fraud , conducting wire fraud , and aggravate individuality theft in connexion with defrauding investors ” out of closely $ 10 million . The FBI claims she cook her company ’s revenue , customer base , and hard cash to investor from at least November 2020 until June 2024 .
The company is in Chapter 7 bankruptcy , harmonise to the U.S. attorney ’s office . Smith - Griffin faces prison time if convicted , admit a maximum sentence of 20 years for surety fraud , a maximum sentence of 20 years for telegram fraud , and a mandatory sentence of two long time for an aggravated identicalness thief . Smith - Griffin could not be reached for gossip . The Forbes 30 Under 30 list has become a meme in the past few years as a few of the honoree have found themselves indict on fraud . TheForbes - to - Fraud pipelineincludes FTX founder Sam Bankman - Fried and Caroline Ellison , co - chief executive officer of Alameda Research ; fintech Frank laminitis Charlie Javice ; and “ Pharma bro ” Martin Shkreli .