Former CFO Indicted After Allegedly Losing $35,000,000 of His Employer’s Cash on Secret Crypto Investment


A former chief financial officer (CFO) was indicted on Wednesday after he allegedly funneled $35 million worth of his employer’s cash into a secret crypto investment that promptly crashed in value to almost zero.
Nevin Shetty, a resident of Mercer Island, Washington, joined the Bellevue-based e-commerce start-up Fabric in early 2021, according to an announcement from the…

This story from was posted on 2023-05-20 by @birdsky.


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