CEO of Defunct Silicon Valley Startup Indicted For Allegedly Tricking Employees Into Working For Free (theregister.co.uk)

The founder and CEO of a shuttered Silicon Valley startup has been indicted for tricking employees into working without pay and for lying about his credentials and financing. From a report: In an indictment unsealed this week, Isaac Choi, founder and CEO of failed Silicon Valley job search startup WrkRiot, was charged with five counts of wire fraud for allegedly defrauding former employees. Problems at the upstart surfaced in August when Penny Kim, former head of marketing for the company, published an account of her experience at an unnamed biz. She said the unspecified outfit failed to pay her and forged wire transfer confirmations to make it appear it had transferred owed funds. After it emerged that Kim was talking about WrkRiot, the company threatened legal action. By the end of August, when former CTO Al Brown acknowledged being the person referred to as "Charlie" in Kim's post and corroborated her claims, WrkRiot had shut down its website and Facebook page.

Comments

Bad reporting

[gurps_npc]

I hate when they do this stuff. Forging a wire transfer is NOT 'tricking you into working for free'. Instead it is tricking people into thinking they were paid. Or more accurately: Wire Fraud against their own employees.

Tricking someone into working for free would mean the employee had to have done something stupid like accepting a bet on a coin flip that turned out to be a two headed coin.

What person felt the need to downgrade the horrible crime of wire fraud into merely 'tricking'?