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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.