Ilit Raz News Today

Ilit Raz, CEO and founder of now-shuttered Joonko, was charged with defrauding investors of at least $21 million by making false and misleading statements about the company.

US Securities and Exchange Commission charges Joonko founder and CEO Ilit Raz with inflating company data to secure funds from investors; New York Attorney's Office launches criminal investigation against her

The former chief executive officer of closed AI recruitment startup Joonko faces up to 40 years in prison and the potential of penalties levied by the Securities and Exchange Commission for allegedly defrauding investors of more than $27 million.

Israeli Entrepreneur Ilit Raz Became a Tech Star With Joonko, the Company She Co-founded, and Top Israeli and American Venture Funds Were Pouring Money in But Former Employees Recall a Tyrant Who the Board Says Cooked the Books 'The Jumble of Claims Presented in This Article Are, at Best, Cheap Gossip,' Says Raz

Israeli Entrepreneur Ilit Raz Became a Tech Star With Joonko, the Company She Co-founded, and Top Israeli and American Venture Funds Were Pouring Money in But Former Employees Recall a Tyrant Who the Board Says Cooked the Books 'The Jumble of Claims Presented in This Article Are, at Best, Cheap Gossip,' Says Raz

Jul. 9—Two weeks after fraud allegations emerged against Israeli startup Joonko, US and Israeli investors have been informed that US authorities are interested in probing the management of the company,

Joonko said it had 150 clients but may have had as few as 40

Joonko, whose founder is accused of duping investors, apparently lied about working with several US corporate icons.

Joonko said it had 150 clients but may have had as few as 40

The Israeli startup has been caught faking data as investors led by Insight Partners scurry to retrieve their money.