I don’t have proof, since I don’t have visibility into the company or their investors. I’m speculating based on the kind of things that are typically done to ve

I don’t have proof, since I don’t have visibility into the company or their investors. I’m speculating based on the kind of things that are typically done to verify things before finalizing an investment. For example from the DOJ release we know millions in revenue were claimed but the actual revenue was only $11000. They also lied about the cash on hand, which is easy to confirm, and the customers they had. None of the investors checked to confirm the contracts with the biggest school district partnerships they claimed either, it would appear. These are typical things to explicitly confirm in due diligence.