SEC Charges AI Startup CEO, His Wife With Elaborate $60 Million Fraud Involving Fake Financial Documents, Forged Audit Reports
January 25, 2025
January 25, 2025
WASHINGTON, Jan. 25 -- The Securities and Exchange Commission issued the following litigation release (No. 3:25-cv-00800; N.D. Cal. filed Jan. 23, 2025) involving Alexander C. Beckman and Valerie H. Lau:
* * *
On January 23, 2025, the Securities and Exchange Commission charged Alexander Beckman, the former CEO of San Francisco-based GameOn Inc., with defrauding investors out of more than $60 million by falsely inflating the financial performance and commercial success o . . .
* * *
On January 23, 2025, the Securities and Exchange Commission charged Alexander Beckman, the former CEO of San Francisco-based GameOn Inc., with defrauding investors out of more than $60 million by falsely inflating the financial performance and commercial success o . . .