DOJ charges ex&IRL CEO Abraham Shafi with securities and wire fraud for allegedly misleading investors about user growth, concealing personal expenses, and more (Fortune)

Fortune: DOJ charges ex-IRL CEO Abraham Shafi with securities and wire fraud for allegedly misleading investors about user growth, concealing personal expenses, and more  —  Authorities charged the ex-CEO of a former unicorn, buzzy social media startup IRL (which stands for “in real life") …

Sep 5, 2025 - 01:02
DOJ charges ex&IRL CEO Abraham Shafi with securities and wire fraud for allegedly misleading investors about user growth, concealing personal expenses, and more (Fortune)
Fortune: DOJ charges ex-IRL CEO Abraham Shafi with securities and wire fraud for allegedly misleading investors about user growth, concealing personal expenses, and more  —  Authorities charged the ex-CEO of a former unicorn, buzzy social media startup IRL (which stands for “in real life") …