Indian American ex-CEO of Headspin charged with $80m fraud in US

Advertisements Manish Lachwani, the Indian origin co-founder and former CEO of Silicon Valley technology company Headspin, was arrested today on charges of securities fraud and wire fraud perpetrated to raise money from investors. He was charged with inflating Headspin’s financial results to achieve high valuations that would attract investors.  The U.S. Securities and Exchange Commission … Continue reading Indian American ex-CEO of Headspin charged with $80m fraud in US