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US startup founder accused of ₹2,800 crore fraud claims mirror fell on her head, erased memory

short by Mansi Agarwal / on Monday, 24 August, 2026
US fashion-tech startup CaaStle's founder has been sentenced to five years in prison for defrauding investors of $300 million (around ₹2,800 crore). Christine Hunsicker's defence claimed a "thirty-pound" mirror fell on her head, causing memory loss and behavioural changes that led to the crime. She allegedly conducted Google searches such as "bank fraud vs wire fraud severity".
read more at US DOJ