Wednesday, September 25, 2024

USAO - California, Northern News Update

U.S. Department of Justice

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09/24/2024 08:00 AM EDT

SAN FRANCISCO – A federal grand jury indicted Baba Nadimpalli, the founder and former Chief Executive Officer of SKAEL, Inc. (SKAEL), with securities and wire fraud for defrauding investors and misleading them about the company's revenue, annual recurring revenue (ARR), and other financial and sales information
 

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