Saturday - April 19, 2025
SEC Charges Founder, Ex-CEO of Artificial Intelligence Startup With Misleading Investors
April 12, 2025
WASHINGTON, April 12 -- The Securities and Exchange Commission issued the following litigation release (No. 1:25-cv-02937; S.D.N.Y. filed Apr. 9, 2025) involving Alberto Saniger Mantinan a/k/a Albert Saniger:

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On April 9, 2025, the Securities and Exchange Commission charged Albert Saniger, the founder and former CEO of Nate, Inc., a privately held technology startup, with fraudulently soliciting investments in Nate and raising over $42 million through the sale of N . . .

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