Last mentioned: Mar 5, 2026
Guilty Plea
Hunsicker pleads guilty to securities fraud and agrees to forfeit $300 million.
Guilty Plea
Hunsicker pleads guilty to securities fraud and agrees to $300M forfeiture in Manhattan federal court.
Criminal Charges
Hunsicker is charged with six criminal counts including securities fraud and money laundering.
Criminal Charges
Federal prosecutors charge Hunsicker with six criminal counts including securities fraud.
Bankruptcy Filing
CaaStle files for Chapter 7 bankruptcy liquidation as cash reserves vanish.
Bankruptcy Filing
CaaStle files for Chapter 7 bankruptcy liquidation.
Peak Deception
Fabricated records show $440M in revenue and $66M in profit for the fiscal year.
Fraud Scheme Begins
Federal prosecutors allege the six-year campaign of financial fabrication commences.
Fraud Scheme Begins
Start of the six-year period of misrepresenting financials to venture capital investors.
Industry Recognition
Hunsicker named to Inc. magazine's 'Most Impressive Women Entrepreneurs' list.
Industry Recognition
Hunsicker named to Inc. Most Impressive Women Entrepreneurs and Crain's 40 Under 40.
Christine Hunsicker, founder of fashion tech startup CaaStle, pleaded guilty to securities fraud after fabricating over $400 million in revenue to maintain a $1.4 billion valuation. The scheme involved forged audits and fake secondary share sales to deceive hundreds of venture capital investors.
Christine Hunsicker, founder of the fashion tech startup CaaStle, has pleaded guilty to a $300 million securities fraud involving fabricated financial records and forged audits. The scheme misrepresented a failing business as a $1.4 billion 'Clothing-as-a-Service' leader, concealing massive losses from hundreds of investors.