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YouPlus Founder accused of fraudulently raising $11 mn by faking revenue
short by Pragya Swastik / on Sunday, 26 July, 2020
US-based tech startup YouPlus' Founder Shaukat Shamim is accused of fraudulently raising $11 million by making false statements about revenues and future prospects. Despite claiming YouPlus has 150 customers, it had only 4 customers throughout its existence, a complaint said. YouPlus claims to have developed the world's first Video Opinion Intelligence Engine to understand people through video.
read more at Inc42