CaaStle founder Christine Hunsicker sentenced to five years for $300 million fraud

Christine Hunsicker, founder of fashion-tech company CaaStle, was sentenced to five years in federal prison on August 20, 2026, for a $300 million securities fraud spanning 2019–2025. She pleaded guilty in March 2026 after defrauding hundreds of investors with falsified financials, fake audits, and fictitious bank records while touting a $1.4 billion valuation.