top of page
CaaStle Fraud Scandal 2025: $300M Investor Scheme Exposed
Summary In July 2025 authorities indicted Christine Hunsicker , founder of fashion-tech startup CaaStle Inc., for a $300 million investor fraud [24] . Hunsicker (ex-CEO) and others are charged with wire fraud, securities fraud and money laundering , accused of misrepresenting the company’s finances to lure funding. Federal prosecutors say CaaStle was touted as a high-flying “tech-enabled fashion rental” business valued at $1.4 billion [25] , but it was actually in distress. H
Oct 26, 20255 min read
bottom of page