Anita Raghavan on Muck Rack

Anita Raghavan

  • Author, The Billionaire’s Apprentice and Contributor
As seen in: CNN, The New York Times, Financial Times, Forbes, HuffPost, The Economic Times, Yahoo News, Yahoo Singapore, CNBC, Los Angeles Times and
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Articles

She Confessed to Fraud. Her Board Let Her Stay in Charge.

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By Anita Raghavan
| The New York Times Verified
She Confessed to Fraud. Her Board Let Her Stay in Charge. The final months of the fashion tech start-up CaaStle included fake audits, stock buybacks and a damage control strategy led by the chief executive who defrauded it. Christine Hunsicker, CaaStle’s co-founder, pleaded guilty to securities fraud in March.Credit...Larry Neumeister/Associated Press June 7, 2026, 5:00 a.m. ET It should have been scandalous enough that there was a $283 million fraud.
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She Confessed to Fraud. Her Board Let Her Stay in Charge.

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By Anita Raghavan
| Breaking One
It should have been scandalous enough that there was a $283 million fraud. But then the next shoe dropped: The company's board of directors waited three months to tell investors about it. Not only that, the fraudster was allowed to stay on as CEO during that time. The company had forced her to resign and disclosed the mess only after getting wind of a criminal investigation. Not long ago, CaaStle looked like a high-flying startup.
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A Satellite Startup Envisions a Top Spot in India’s Space Odyssey

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By Anita Raghavan
| The Information Verified
Back in November, Awais Ahmed, dressed all in black from his glasses to his trousers, paused for a moment outside his startup’s Bangalore laboratory to peer through a glass window at a stout contraption: a 2.5-foot-tall satellite partially covered in gold foil. A giant eye stared back at him. Mounted atop the satellite was a hyperspectral camera, containing a superpowered lens that would eventually capture a picture of the Earth below across hundreds of light wavelengths.
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