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Abraham shafi ran a buzzy startup called irl (which stands for 'in real life') but now faces more than 20 years in prison. A federal grand jury indicted app founder abraham shafi, 38, with eight felony charges, including six counts of wire fraud, costing investors $170 million. According to court documents, abraham shafi, 38, of pepeekeo, hawaii, allegedly committed fraud in connection with get together’s 2021 “series c” funding round, which raised $170 million at a valuation of over $1 billion.
Abraham shafi, the founder and former ceo of get together, the parent company behind irl, has been indicted by the department of justice on charges of defrauding. The department of justice claims shafi misled investors and deleted critical files by restoring his phone to an earlier backup. Abraham shafi, the founder and ceo of get together, parent company of the social media app irl, faces charges of wire fraud, securities fraud and obstruction.
Former ceo of irl, abraham shafi, is charged with wire fraud, securities fraud, and obstruction of justice for allegedly defrauding investors of $170 million.
Abraham shafi, the former ceo of irl, a previously thriving social media startup, has been charged with fraud and obstruction
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