Authorities arrested yesterday at the founder of Gameon Technology Alexander Charles Beckman and the lawyer Valerie Lau Beckman (a couple) due to the alleged struggle of investors of $ 60 million.

In a 25 count of accusation, the US Department of Justice said the couple was allegedly falsified with dozens of bank statements and audit reports that cheated on Gameon investors. The alleged cheating was last six years.

Beckman was the founder and former CEO of Gameon and last year he resigns From the company after colleagues accusing the period of lost $ 11 million in the company bank account, remaining 37 cents. The company closes and removes staffing July 2024. The authorities have accused him and the lawyer Valerie Lau Beckman – a couple – with the wire, defrauding the wire, and other identity, and other breach. Lau also charged Obstruction of Justice.

According to the charge on January 21, Beckman, 41, and Lau, 38, both of San Francisco, allegedly conspired to harasses gameon, gameon, and a bank. Gameon is a private San Francisco-based business offering a software program that claims to activate the artificial intelligence that imitates the conversation and interaction with person, which is commonly known as chatbot or “chat.”

Its customers include prominent American Professional Sports Leagues and Teams and leading luxury fashion and retail brands. In the course of alleged design, from September 2018 to July 2024, Beckman assembled over $ 60 million from Gameon investors. Lau is a lawyer who works with Gameon Corporate and transactional things from at least 2016 to 2024.

The couple married October 2023. Beckman and Lau allegedly used more than $ 4 million in gameon investor funds in personal expenses, including buying and private schools, and payments in some places of marriage.

“The Bay Area is the home of unique innovation and industrious entrepreneurs, but innovation does not grow by cheating. The plans like accused of accused of threatening our financial markets and deceived In investors, “said the first assistant lawyer of the United States Patrick D. Robbins, in a statement.” This accusation should serve as a reminder that we investigate and resent the intervening. “

“Deception weakens the integrity of our capital markets and eliminates the trust in its investors,” said the FBI acting special agent in charge Dan Costin, in a statement. “The FBI is committed to making sure our financial markets remain fair and transparent by investigating and responding to people who share deceptive works.”

As the accusation said, Beckman’s statements of gameon investors often describe the income, bitten balance of money, and fake and if unaccounted customer relationships. To keep the design, Beckman used the names of at least seven real people – including fake emails and signs – without permission to distribute false and deceptive information and those Gameon’s financial and business document with the intention of cheating in Gameon and its investors.

Among individuals whose Beckman names are used to make the way cheating is Gameon CFO, two bank employees, and an employee of a major professional sports league, the document says. Beckman also made two formon audit reports using names, signatures, and trading marks with the famous accounting companies, including one of the big four accounting companies, to be Validate the wrong financial statements, and distributed more than a dozen fake bank statements for Gameon accounts as part of the scheme, the accusation allegedly.

After replacing the law firms many times, Lau participated in a Venture Capital Firm on September 2021. Lau said Beckman gave a true audit reports he had taken from his own employer Make fake audit reports for Gameon. The accusation says Lau personally emails one of the fake audit reports of a representative of the gameon investor, knowing it is fake, to attract more investment in the company, The justice department said.

June 2024, Lau continued the design of fraud by delivering a fake Gameon account statement – he knew that the error listed the balance in the gameon over $ 13 Millions if the real balance of the company is $ 25.93 only – in a bank branch in San Francisco and ask a bank employee to store the fake statement in Beckman later that day. Lau learned that Beckman plans to take the fake statement of a Gameon director representing a major gamegirl in Gameon. Beckman took the fake statement by the director of Gamonon that day, the charge said.

On August 2024, when Lau’s employer approached Lau about Gamon, Lau lied to his employer about his workon and then tried to remove the hundreds of files with the gameon jobs from the record his employer at the time of a Grand Jury investigation in Gameon Pending.

Beckman and Lau were arrested this week and made their first show of Federal Court in San Francisco. They admit not guilty. We try to reach Beckman for comment.

An accusation says only with crimes committed, and all defendants are regarded as innocent until prove guilty of unreasonable doubt. If convicted, the accused would face the following top sentences: 20 years imprisonment of each count of wire fraud and wire fraud conspiracy, five years imprisonment due to the count of Securities Fraud Conspiracy, 30 years to imprison each bank fraud count conspiracy and lie. bank statements; 10 years of imprisonment for counting involvement of money transactions obtained from specified unlawful activity; and two-year imprisonment of each number of aggravated identity theft. Lau also faced the maximum sentence of 20 years in prison for the Count of Obstruction of Justice.

Assistant US Attorney Patrick O’Brien has filed the case with Lance Libatique and Maryam Beros. The prosecution to the FBI investigation result. Beckman and Kalin Stanojev, principal product officer, establishing company in 2014 to build a platform of AI conversation with business level.

In July, Stanojev and the company Jon Layman, head of operations (no case), wrote a letter of shareholders from other company officials they were discovered in their “shock and horror “that bank account with millions of values. almost empty. The letter says board pressed Beckman to resign on July 1, 2024.

“This money is essential to the continuing operation of the company you invested,” the letter says. “In our horror, we have discovered that, in fact, the balance of the bank’s account is only 37 cents. This discovery left the company in a liquidity crisis, and the board and management were forced to move immediately, hoping to prevent bankruptcy.

In an interview in July 2024, Beckman was confirmed in Gamesbeat that he left the company in early July. He said he was not in a position to discuss the decision of the company stop operations.

“From the beginning, I just wanted what was best for the company and its employees. And I resign because I believe it is for the benefit of the company. I know a communication describes my departure. That communication consists of many exaggerated and misbehaving statements and did not paint a proper picture of what happened, “he said. “I look forward to correcting the record, I gave the whole story to the appropriate time.”

Beckman said he couldn’t comment if there was litigation. He confirmed that the company had raised $ 35.5 million in a couple of rounds, and that it grows more than 60 employees. He said he loved the company and it was a “more painful period of time.” In addition to what he said is at Our Story is published At that time.