Startup CEO cheats investors of ₹127 cr; spends it on Tesla, luxury wedding

Shiloh Luckey, former CEO of tax startup ComplYant, was arrested in Florida for allegedly defrauding investors of more than $13.3 million (around ₹127 crore). Prosecutors allege she falsely claimed to be a licensed certified public accountant and fabricated recurring revenue to raise funds. Luckey allegedly spent the money on an Inglewood property, a Tesla, and a luxury Caribbean wedding.