Founder and CEO of StarClub Inc., Bernhard Eugen Fritsch, was found guilty for an elaborate fraud that fueled his lavish ...

Bernhard Eugen Fritsch was found guilty of one count of wire fraud. Prosecutors allege he fraudulently obtained investments in his tech company, then used the funds to finance a lavish lifestyle.

A Malibu man faces up to 20 years in federal prison after being convicted of wire fraud and a scheme deceiving investors out ...

Malibu Man Convicted for Over $20 Million in Investor Fraud Using False Claims About Celebrity App Performance ...

A Malibu man was convicted of fraud after he lied to raise more than $20 million for an app that would help influencers better monetize their endorsements. The problem with the pitch for the app ...

A sentencing date was not immediately available Friday for a Malibu man who was convicted of defrauding investors out of more than $20 million by lying to them about his technology company’s financial ...

Bernhard Eugen Fritsch, the founder and CEO of StarClub Inc., a Santa Monica-based tech company, was held accountable for an elaborate fraud that fueled his lavish lifestyle, Fox News Digital has ...

faces up to 20 years in prison after being convicted of wire fraud, the U.S. Justice Department said. Jurors found him not guilty of a second count. (Mike Windle / Getty Images for StarClub) ...

From 2014 to 2017, prosecutors say, Fritsch raised more than $20 million from investors for his Santa Monica-based tech company StarClub. He claimed the money was to build an application called ...