SEC Charges Founder of Social Media Company "IRL" With $170 Million Fraud
August 01, 2024
August 01, 2024
WASHINGTON, Aug. 1 -- The Securities and Exchange Commission issued the following news release on July 31, 2024:
The Securities and Exchange Commission today charged Abraham Shafi, the founder and former CEO of Get Together Inc., a privately held social media startup known as "IRL," with defrauding investors by making false and misleading statements about the company's growth and concealing his and his fiancee's extensive use of company credit cards to pay for personal exp . . .
The Securities and Exchange Commission today charged Abraham Shafi, the founder and former CEO of Get Together Inc., a privately held social media startup known as "IRL," with defrauding investors by making false and misleading statements about the company's growth and concealing his and his fiancee's extensive use of company credit cards to pay for personal exp . . .