Linqto founder indicted in alleged $450 million fraud scheme

A federal indictment has been unsealed charging William Sarris, founder of pre-IPO investment platform Linqto Inc., with securities fraud, broker-dealer fraud, wire fraud and conspiracy offenses, according to prosecutors in the Southern District of New York.

Linqto founder indicted in alleged $450 million fraud scheme

TL;DR

  • William Sarris, founder of Linqto Inc., has been federally indicted.
  • Charges include securities fraud, broker-dealer fraud, wire fraud, and conspiracy.
  • The indictment was unsealed by prosecutors in the Southern District of New York.