Fashion tech founder sentenced to prison for $300m fraud scheme

Christine Hunsicker, former CEO of CaaStle, gave investors falsified documents that overstated profit and cash reserves A fashion tech founder was sentenced to five years in federal prison for her involvement in a $300m “fraud scheme” spanning from 2019 to 2025, the Manhattan US attorney’s office announced on Thursday. Christine Hunsicker, 49, was also sentenced to three years of supervised…