Ohio Dry-Cleaning Delivery Startup, CEO Hit With Fraud Suit
By Eric Heisig (December 1, 2022, 5:55 PM EST) — A Cincinnati investment firm said in a securities fraud lawsuit that the leaders of an online dry-cleaning delivery startup – including a CEO who later admitted to paying himself large commissions and using investor money to buy himself a house – did not disclose important information, such as the startup’s pending insolvency, before the firm put down $3 million….
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