US Prosecutors Charge Linqto Founder William Sarris Over Alleged Scheme To Overcharge 13,000 Pre-IPO Investors
US prosecutors have charged Linqto founder William Sarris over an alleged $450 million fraud that affected more than 13,000 customers through manipulated private-share prices and high markups. Linqto later suspended its platform and filed for bankruptcy, while former CEO Joseph Endoso pleaded guilty and is cooperating with prosecutors.
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