3 ms·

Florida men charged in $425 million scam

• maxdemarzi 16y ago
  Weird... wonder's what's going to happen to HashRocket. http://hashrocket.com/people/view/mark-smith/ http://hashrocket.com/people/view/mark-smith/ "I am the Chief Morale Officer, in charge of alcohol and fun activities" http://hashrocket.com/people/view/marian-phelan/ http://hashrocket.com/people/view/marian-phelan/ Mariam is also getting charged with money laundering...
  • jasoncwarner 16y ago
    Wow... that can't be good.
  • hga 16y ago
    Echoing jasoncwarner, this is not good. When your two non-technical (apparently) co-founders turn out to be alleged crooks, besides all the trust issues, the source of the money that went into the startup is very much open to question. And what will happen upon conviction (innocent or not, the Feds almost always get convictions, I think it's much higher than 90%), where they will no doubt be required to cough up assets.