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ON Platform startup founder and wife arrested for alleged fraud

11 点作者 greenburger4 个月前

1 comment

JumpCrisscross4 个月前
&quot;Allegedly, when an ON investor wanted to see the company’s bank statement directly from the bank, they arranged a visit with Beckman. According to the indictment, Lau had a fake statement planted and placed in an envelope at the bank; when Beckman and the investor showed up, they received the envelope and its sheet...&quot;<p>What? How?<p>EDIT: from the civil complaint: &quot;On June 3, 2024, security camera footage from a Bank 1 branch near GameOn’s offices in San Francisco captured the image of a woman who appears to be Lau enter the bank and meet with a Bank 1 employee. The woman then requested that the bank employee, who did not have access to GameOn’s accounts, print out a paper copy of a Bank 1 account statement for GameOn that she planned to email the bank—and then give the statement to Beckman when he arrived at the bank later that day. A few hours later on June 3, 2024, Lau emailed the bank employee stating &#x27;please print, thank you&#x27; and attaching a counterfeit Bank 1 statement showing a cash balance of $13.3 million in GameOn’s account as of May 31, 2024. As Lau requested, the bank employee printed out the statement and put it in an envelope for Beckman. Later that same day, Beckman arrived at the bank accompanied by a GameOn Board member (Investor 2) who was there to verify the cash in GameOn’s Bank 1 account. The bank employee gave the envelope containing the counterfeit account statement to Beckman who then handed the envelope to the Board member...&quot; [1].<p>That bank employee fucked up. But I hope they are given the opportunity to sue Lau for damages.<p>[1] <a href="https:&#x2F;&#x2F;storage.courtlistener.com&#x2F;recap&#x2F;gov.uscourts.cand.443189&#x2F;gov.uscourts.cand.443189.1.0.pdf" rel="nofollow">https:&#x2F;&#x2F;storage.courtlistener.com&#x2F;recap&#x2F;gov.uscourts.cand.44...</a>